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US automakers win extension on use of Chinese graphite in EV tax credits

US automakers win extension on use of Chinese graphite in EV tax credits
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EV tax credit supply chain rules ease, but China restrictions remain

Under revisions from Biden agencies revealed Friday, more EVs are likely to qualify for the full $7,500 tax credit amount in 2025 and 2026, but it will be no easier for Chinese companies to get in. ....

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

The U.S. Treasury Department on Friday gave automakers additional flexibility on battery mineral requirements for electric vehicle tax credits on some crucial trace minerals from China, such as.
-May 03, 2024 at 10:12 am EDT
- MarketScreener ....

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Automakers Win Extension on Use of Chinese Graphite in EV Tax Credits

Automakers Win Extension on Use of Chinese Graphite in EV Tax Credits
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New EV Tax Credit Changes Could Make More Vehicles Eligible

The US government has updated the clean vehicle tax credit to exclude some hard to trace battery materials ....

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