Remove Auto Remove Chinese Remove Iran Remove Tax Credit
article thumbnail

Automakers win extension on use of Chinese graphite in EV tax credits – ET Auto

Baua Electric

Treasury Department on Friday gave automakers additional flexibility on battery mineral requirements for electric vehicle tax credits on some crucial trace minerals from China, such as graphite. 1 restricting Chinese content in batteries eligible for EV tax credits of up to USD 7,500, which sharply cut the number of eligible vehicles.

article thumbnail

2025 Polestar 3 starts at $74,800 and 315 miles, US deliveries in Q2

Baua Electric

is also considering hiking tariffs on Chinese EVs. Polestar notes that it will pass along a $7,500 credit on all Polestar 3 leases. The post 2025 Polestar 3 starts at $74,800 and 315 miles, US deliveries in Q2 appeared first on Bauaelectric Auto News. Polestar has said that U.S. market but for export to some markets.

Miles 52