North Korea Parts Purchase 
Cars That Think
SEPTEMBER 29, 2021
Meng's arrest on fraud charges was widely seen as part of that campaign. In subsequent decades, the company was accused of stealing Western intellectual property , supplying sensitive telecoms equipment to North Korea and Iran , and expanding its global market share by undercutting Western telecom equipment prices by as much as a third.
EV Life
JANUARY 4, 2024
On the one hand, the (up to) $7,500 tax credit is now available right away at the point of sale, eliminating the wait time and allowing drivers to apply their savings directly to the purchase of their vehicle at the dealership—which is great for consumers. The full $7,500 tax credit is split into two parts, each worth $3,750.
Baua Electric
JANUARY 2, 2024
As of 2024, in addition to North American assembly, 60% of battery parts will need to be North American–sourced in order to qualify for half of the credit amount ($3,750). It’s all part of a comprehensive push from the Biden administration to foster a domestic supply chain for EVs. Starting Jan.
Blink Charging
DECEMBER 15, 2023
Opting for an electric vehicle and leveraging the EV tax credit to help with your next electric vehicle purchase is a smart move. Simply put, this means if a manufacturer is mostly based in countries such as North Korea, China, Russia, or Iran, they won’t qualify for the tax credit.
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