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US EV policy to boost free trade agreement nations in battery metal trade – ET Auto

Baua Electric

sourced battery metals such as lithium, cobalt, and nickel in tax credit-eligible EVs, low domestic production levels are expected to keep the US reliant on foreign producers. Notably, Albemarle has a lithium offtake agreement with Ford. According to S&P Global Commodity Insights, despite encouraging the inclusion of U.S.-sourced

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Zero EVs May Qualify For the Federal Tax Credit Under the Inflation Reduction Act Requirements

EV Adoption

Additionally, the IRA could actually receive enough votes to pass, but not without potentially several significant changes — including to some of the EV tax credit requirements. While not a certainty, it looks like the Act will have enough votes to be approved over the weekend. Joe Manchin, via the Wall Street Journal.

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Tesla supplier Talon Metals on Manchin EV Bill, Tesla & more

Teslarati

Manchin’s EV tax credit proposal. Credit: Talon Metals. Todd shared his thoughts on Manchin’s EV tax credit proposal. On one hand, it’s breathtakingly generous in that it lifts all numerical limits on EVs that are eligible for the $7500 tax credit. Credit: Talon Metals.

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