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

Baua Electric

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.

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Good News and Bad News: Changes to the Federal EV Tax Credit in 2024

EV Life

Well, it’s 2024, the changes to the federal EV tax credit have officially taken effect, and it’s a bit of a mixed bag. The list of electric vehicles that qualify for the federal tax credit shrunk from 35 to 14, according to the US Department of Energy. Which Electric Vehicles Still Qualify for the Tax Credit?

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Select Tesla Model 3 variants to lose $7,500 tax credit by 2024

Teslarati

Tesla updated its configuration page recently, informing customers that select Tesla Model 3 variants will not qualify for the Inflation Reduction Act’s (IRA) $7,500 tax credit in 2024. The Tesla Model 3 Rear-Wheel Drive (RWD) and the Long Range variant qualify for the IRA’s $7,500 tax credit until December 31, 2024.

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Chilean lithium to be eligible for U.S. tax break – ET Auto

Baua Electric

The IRA tax breaks will incentivize Chile’s export of raw lithium materials as well as costlier cathode material and lithode byproducts, the economy ministry said. tax benefits, the Andean country’s government said on Thursday. tax benefits, the Andean country’s government said on Thursday.

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How New Eligibility Criteria for the Electric Vehicle Tax Credit Affects You

Blink Charging

Opting for an electric vehicle and leveraging the EV tax credit to help with your next electric vehicle purchase is a smart move. This tax credit is applicable to qualifying clean vehicles placed into service within the current year, and it’s claimed in the year you take delivery. free-trade agreement partner country.