Out of Spec Podcast

EVs With Trace Critical Materials From China Now Get US Tax Credit Til 2027

05.03.2024 - By outofspecpodcastPlay

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Episode 355: Join Francie and Max on today's podcast as they go over the most recent final rules regarding the United States EV tax credit rules as they pertain to the critical battery materials in electric vehicles. They detail the new rule by the Department of Treasury and IRS, the implications of graphite and international relations, and the impact to automakers & EV drivers.

Sources used to support today's show: US Dept. of Treasury & IRS Press Release: https://home.treasury.gov/news/press-releases/jy2323 Statista graphs for graphite: https://www.statista.com/statistics/267366/world-graphite-production/ Electrek article on GM and Canada Graphite: https://electrek.co/2024/02/16/gm-sustainable-refined-graphite-nmg-canadian-miner/ Reuters Article: https://www.reuters.com/business/autos-transportation/automakers-win-extension-use-chinese-graphite-ev-tax-credits-2024-05-03/

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