Teslarati

JANUARY 2, 2024

The most significant changes to the IRA related to EV components sourced from foreign entities of concern (FEOC), which included countries like China, Iran, North Korea, and Russia. The base Model 3 and Long Range variant no longer qualify for the IRA tax credits. The Teslarati team would appreciate hearing from you.

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Baua Electric

MARCH 13, 2024

At launch, the entire 2025 Polestar 3 lineup will have dual-motor all-wheel drive, with an output of 489 hp and 620 lb-ft of torque, and a 111-kwh battery pack. The 2025 Polestar 3 will arrive for first deliveries in the U.S. Polestar has said that U.S. production of the 3 would be not just for the U.S. market but for export to some markets.

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Baua Electric

JANUARY 2, 2024

1, any vehicles with key battery components sourced from a “foreign entity of concern”—China, Russia, Iran, or North Korea— will be disqualified in 2024 , as will corporate subsidies if a “parent entity” from one of those countries directly holds more of 50% of the automaker’s interest. Starting Jan.

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Teslarati

DECEMBER 3, 2023

Treasury announced the new tax credit guidance on Friday, and General Motors and some other automotive groups have since responded to the news ( via Reuters ). These countries include North Korea, China, Russia and Iran. to switch to domestic minerals.

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Baua Electric

JANUARY 30, 2024

House committees asked the Biden administration to investigate four Chinese companies they say are involved in Ford Motor’s planned Michigan battery plant, according to a letter seen Monday by Reuters. The plant has drawn fire from U.S. lawmakers for its use of technology supplied by Chinese battery maker CATL. The chairs of two U.S.

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