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Canada orders three Chinese companies to divest from Canadian critical minerals companies

Green Car Congress

The Government of Canada has ordered the divestiture of the following investments by three Chinese companies in Canadian critical mineral companies: Sinomine (Hong Kong) Rare Metals Resources Co., Limited is required to divest itself of its investment in Power Metals Corp.

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Battery-grade lithium carbonate forecast to trade at $74K/tonne in 12 months

Green Car Congress

Shanghai Metals Market data pointed to a supply deficit of 1,361 tonnes in July, swinging from the supply surplus in the prior month as the re-opening of the Chinese economy and cash subsidies for new energy vehicles lifted car manufacturer’s demand. Earlier post.).

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EVs with Chinese parts won’t qualify for the full $7,500 tax credit from 2024

Electrek

The US government has released guidance that will make it harder for EVs to qualify for the full $7,500 tax credit if their batteries contain Chinese components or minerals. more… The post EVs with Chinese parts won’t qualify for the full $7,500 tax credit from 2024 appeared first on Electrek.

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Beijing Adds Pollution Tax To Fuel To Curb Huge Smog Problems

Green Car Reports

Smog-choked Chinese capital Beijing will be the first city in the country to introduce a new pollution tax. Following months of pollution far above safe levels, major Chinese cities have scrabbled to find a solution for improving air quality.

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Chinese solar giant Trina sells its Texas factory a week after it opens

Electrek

Trina Solar is selling its Texas solar panel factory as the US scrutinizes Chinese companies cashing in on Inflation Reduction Act tax breaks.

Texas 145
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Tesla UK sales up over 20% despite Elon Musk backlash

Teslarati

UK EV buyers will choose Chinese EVs over Tesla due to Elon Musk antics: study The UK saw a 42% surge in electric vehicle (EV) registrations last month. While the broader car market dipped 1% to 84,054 registrations, Teslas gains signal resilience as buyers rush to buy EVs before a new tax hits in April. year-over-year growth.

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China extends NEV purchase tax exemption until end of 2023 in official announcement

CN EV Post

Three Chinese government departments announced in a joint statement that NEVs purchased between January 1, 2023 and December 31, 2023 will be exempt from purchase taxes. The post China extends NEV purchase tax exemption until end of 2023 in official announcement appeared first on CnEVPost.

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