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Tesla signs lithium supply agreement with China-based company 

Teslarati

Tesla signed a lithium supply agreement with a subsidiary of China-based Yahua Group on June 19, 2024. According to local media outlets , the agreement states Tesla will purchase lithium carbonate products from Yahua from 2025 to 2027. Tesla Lithium Refinery construction making progress Yahua also supplies lithium hydroxide to Tesla.

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

EV Life

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. In fact, it’s what EV Life has been doing for our customers for years.

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Automakers handed a win with updated EV tax credit guidance in the U.S.

Teslarati

battery supply chain off of China and other sources, it also includes a temporary exemption to the rules that would block incentives for vehicles utilizing critical battery materials from China and other countries that are considered “Foreign Entities of Concern” (FEOC). These countries include North Korea, China, Russia and Iran.

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Which 2024 EVs qualify for the $7,500 EV tax credit?

Baua Electric

1, any vehicles with key battery components sourced from a “foreign entity of concern”—China, Russia, Iran, or North Korea— will be disqualified in 2024 , as will corporate subsidies if a “parent entity” from one of those countries directly holds more of 50% of the automaker’s interest. Starting Jan.

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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. Starting in 2024 , to reinforce America’s supply chain security, a clean vehicle must not incorporate any battery components produced or assembled by a Foreign Entity of Concern (FEOC).

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How the Huawei Fight is Changing the Face of 5G

Cars That Think

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. Part of the problem was a lack of alternatives.

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