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South Korea welcomes US decision to extend use of Chinese graphite in EVs – ET Auto

Baua Electric

South Korea on Wednesday welcomed a US decision to extend automakers’ eligibility for electric vehicle tax credits for cars containing Chinese graphite through 2026. The ministry said South Korean battery makers, including LG Energy Solution, Samsung SDI and SK On that attended the meeting, welcomed the reprieve.

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Tesla’s next Gigafactory location unknown, but all signs point toward India

Teslarati

While there have been rumors of deep talks in Spain , numerous meetings with French government officials, and heavy speculation regarding a relationship with Canada, Indonesia, and South Korea, it is becoming overwhelmingly clear that all signs are pointing toward India, a location where Tesla has mulled a factory for several years.

India 97
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Ford receives Federal backlash following Chinese battery agreement

Teslarati

Florida Senator Marco Rubio is calling for an investigation into Ford’s recent announcement of a new battery production facility built in conjunction with Chinese battery supplier CATL. However, now the automaker is receiving backlash for partnering with Chinese battery maker CATL at the facility. Specifically, Sen.

Chinese 122
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Report: Feds to formalize foreign entity rules for EV tax credit

Baua Electric

Treasury Department could issue clarifications on federal EV tax-credit eligibility rules as early as Friday, reports Transport Topics. does not have friendly trade relations with would not qualify for a $7,500 federal tax credit. does not have friendly trade relations with would not qualify for a $7,500 federal tax credit.

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EV tax credit supply chain rules ease, but China restrictions remain

Baua Electric

In a coordinated push through federal agencies, the Biden administration on Friday released a revised set of regulations applying to the EV tax credit that will ultimately make the credit easier to claim for a wider range of vehicles in 2025 and 2026 but no easier for Chinese companies to gain a foothold on the market.

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The EV Transition Explained: Local Policies Shape Global Competition

Cars That Think

China, the European Union, Japan as well as the UK and South Korea all have announced the same intention. For example, the UK will stop the sales of new diesel and petrol-fueled cars and vans from 2030 on. the Chinese government also expects to become the undisputed global leader in EVs. Like the U.S.,

Global 125
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Why Pure EV not applied for Fame II Scheme Subsidies

Electric Vehicles India

We have registered suppliers across India, China, Taiwan, South Korea, the USA and the UK, which ensures that our product doesn’t slow down even in the case of supply chain disruptions across some specific geographies. There is an NCR based EV OEM that is a 100% Chinese owned company.

Dealers 68