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Proposed Changes to Federal EV Tax Credit – Part 4: Chinese-Assembled Vehicles Will Not Be Eligible for Tax Credit

EV Adoption

One of the proposed changes to the federal EV tax credit that has flown a bit under the radar is also one of the most political and protectionist in nature. Effective January 1, 2022, electric vehicles with final assembly* (see definition at the end) in China would no longer qualify for IRC 30D (federal EV tax credit).

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How Umicore is ensuring sustainability in the North American EV battery chain

Charged EVs

Umicore is actively working with cell manufacturers to advance SSB tech, and recently opened a material prototyping center in Belgium that supports all the steps in SSB production, from formulation to testing. Total emissions over the lifetime of an electric vehicle are considerably lower than those of an internal combustion engine.

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How Umicore is ensuring sustainability in the North American EV battery chain – Charged EVs

Baua Electric

Umicore is actively working with cell manufacturers to advance SSB tech, and recently opened a material prototyping center in Belgium that supports all the steps in SSB production, from formulation to testing. Total emissions over the lifetime of an electric vehicle are considerably lower than those of an internal combustion engine.