Plugs and Cars

JUNE 9, 2011

When I was studying China and Mandarin Chinese 35 years ago, “Red” China was unrecognized by the US, literally, and dark in a way difficult to imagine now. Just as today we can look at a nighttime satellite image and see the black void that is recalcitrant, unelectrified North Korea, once that was China. China is electrifying.

China 133

China Chinese Coal North Korea 133

Baua Electric

MAY 3, 2024

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 graphite. 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.

Tax Credit 52

Tax Credit Tax Chinese Auto 52

Baua Electric

NOVEMBER 2, 2024

built electric vehicles. In addition to more stringent sourcing requirements, new “foreign entity of concern” language disqualifies subsidiary companies if a “parent entity” in China, Russia, Iran, or North Korea holds more than 50% in the company. Building cars in the U.S.

South Carolina 40

South Carolina China Tax Credit South Korea 40

Teslarati

DECEMBER 3, 2023

The White House issued new guidance on federal electric vehicle (EV) tax credits this week, including a key exemption that’s considered a win for many automakers, as it offers extra time for companies attempting to set up battery production operations in the U.S. These countries include North Korea, China, Russia and Iran.

Tax Credit 101

Tax Credit Tax Iran North Korea 101

Baua Electric

JULY 12, 2024

Products made with Chilean-mined lithium – used for electric-vehicle batteries – will be eligible for U.S. Inflation Reduction Act ( IRA ), which includes subsidies for electric vehicles based on their battery metal sourcing. tax benefits, the Andean country’s government said on Thursday.

Tax 52

Tax Chile Auto Iran 52