EV Tax Credit Breakdown
The discussion highlights the two main components of the EV tax credit: battery components and strategic minerals. Starting requirements dictate that 40% of strategic minerals must come from the US or free trade partners, increasing annually to 80%, while battery components must be manufactured in North America, beginning at 50% and rising to 100%. Additionally, new guidance clarifies that processed materials like lithium hydroxide can count toward strategic mineral requirements if sourced from free trade partners.In this clip
From this podcast
Catalyst with Shayle Kann
What the new Treasury rules mean for EV supply chains
Related Questions