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WASHINGTON (Reuters) The United States and Japan on Tuesday announced a trade deal on electric-vehicle battery minerals that is key to strengthenin ....

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U.S. Treasury to release EV battery sourcing rules next week

U.S. Treasury to release EV battery sourcing rules next week
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New EV battery sourcing rules to be rolled out next week in US

The US Treasury is set to release guidance on which electric vehicle battery tax subsidies are eligible under President Joe Biden s climate change law. The guidance will govern US-made equipment, wages paid by operators, bonus tax credits for new energy projects and bonus tax credits for clean energy projects built in fossil-fuel dependent communities. Many of the rules are targeted at reducing US reliance on China, which dominates global supply chains of solar panels and EV batteries. ....

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