Post by
JimToronto on Mar 31, 2023 10:39am
reduce U.S. reliance on batteries and minerals from China
The new rules, issued by the Treasury Department Friday, aim to make the U.S. less reliant on batteries and critical minerals shipped from China. For car buyers to claim the full $7,500 tax credit, the batteries must contain set amounts of components made in North America and critical minerals sourced in the U.S. or from certain friendly countries.
https://www.wsj.com/articles/new-ev-rules-mean-fewer-models-eligible-for-tax-credit-98b6b63c