Batteries Chinese Mexico Tax Credit 
The Truth About Cars
MARCH 28, 2024
Among many other things, the Inflation Reduction Act changed the way EV tax credits work in the United States. With an eye on reducing America’s dependence on Chinese batteries and materials, the Act incentivizes automakers to source materials from free-trade-compliant countries and build EVs in North America.
Baua Electric
APRIL 1, 2024
battery-supply deal with China’s CATL, Car News China reports. The deal reportedly being discussed would bring that partnership to North America in the form of a joint battery plant located in either the U.S. or Mexico, along with a GM license agreement for CATL’s LFP battery tech. car manufacturing.”
Baua Electric
JANUARY 3, 2024
Tesla and Chinese automaker BYD were the two global contenders for most EV sales in 2023. Tesla has used price cuts to help jolt sales, but BYD has its own battery business, giving it greater control over prices. Its new Blade battery, focused on safety and longevity , has earned a good reputation already.
Baua Electric
APRIL 17, 2024
BCG estimates that most automakers lose around $6,000 on each EV they effectively sell for $50,000, that price accounting for any tax credits or other incentives the customer might be eligible for. market if heavily-subsidized Chinese EVs ever break through here. market if heavily-subsidized Chinese EVs ever break through here.
Baua Electric
MAY 24, 2024
drivers are more open to driving vehicles from Chinese brands than their older counterparts, according to a new AutoPacific survey. But concerns about how Chinese brands manage data privacy were high regardless of age. No vehicles from Chinese brands are currently sold in the U.S., Younger U.S.
Baua Electric
MARCH 16, 2024
Which automaker said it’s aiming for its future EV batteries to last longer? 4 to the list, we revisited and updated our roundup of which 2024 EVs qualify for the $7,500 EV tax credit. It’s still not a long list compared to last year, due to much stricter rules for battery components and critical minerals, but it’s growing.
Teslarati
NOVEMBER 21, 2022
Graphite is an essential part of a lithium-ion battery. There are many challenges that EV battery manufacturers might face in the graphite market as electric vehicle demand continues to rise. Graphite is often an overlooked essential mineral when people think of EV batteries.
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