Automakers win extension on use of Chinese graphite in EV tax credits – ET Auto
Baua Electric
MAY 3, 2024
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. Automakers have since made changes to supply chains and won restored eligibility for many vehicles. New rules took effect on Jan. EV battery chain away from China.
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