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

Baua Electric

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. New rules took effect on Jan. Automakers have since made changes to supply chains and won restored eligibility for many vehicles.

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Tesla’s biggest investor: it’s a family business masquerading as a public company

Baua Electric

The Indonesian-born Chinese American businessman is better known for founding SHI International Corp, a large private IT company that made him a billionaire. Dear leader” is a reference to Kim Jong-il, the former supreme leader of North Korea. Energy storage is now a critical part of the renewable energy infrastructure.

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Automakers handed a win with updated EV tax credit guidance in the U.S.

Teslarati

The Energy Department said that companies would be deemed FEOC if they were owned or controlled by a named foreign government, adding that they’ll be considered ineligible if an entity of concern holds 25 percent or more of the entity’s board seats, equity or voting rights.

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Lawmakers want US to probe four Chinese firms involved in Ford battery plant – ET Auto

Baua Electric

lawmakers for its use of technology supplied by Chinese battery maker CATL. 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.

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