Battery Sourcing Guidance
Recent guidance has clarified the definition of foreign entities of concern, specifically targeting companies from China, Russia, North Korea, and Iran. This solid framework significantly restricts the ability of electric vehicles to qualify for tax credits, as any Chinese ownership above 25% disqualifies a company. While there is a minor loophole for low-value materials, the overall structure is robust and aims to keep China out of the U.S. battery supply chain.In this clip
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Catalyst with Shayle Kann
Update: What the new Treasury rules mean for EV supply chains | Catalyst with Shayle Kann
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