Chapter
The US may limit electric vehicle tax credits to locally sourced metals
09:14 - 12:47 (03:32)
The US may require that electric vehicle batteries contain locally sourced metals in order to qualify for tax credits, in an effort to increase job creation and reduce dependency on China. This may affect eligibility for tax credits for certain models of electric vehicles in the future.
Clips
EVs must meet certain requirements to qualify for up to $7,500 in tax credits, including that a significant percentage of the battery materials must come from North America or a trade partner.
09:14 - 11:19 (02:04)
Electric Vehicles
Summary
EVs must meet certain requirements to qualify for up to $7,500 in tax credits, including that a significant percentage of the battery materials must come from North America or a trade partner.
ChapterThe US may limit electric vehicle tax credits to locally sourced metals
EpisodeTrump Arraignment, Biden in Mississippi, Electric Car Tax Credit
PodcastUp First
The US is set to provide tax credit to those buying electric vehicles in a move to reduce dependency on China while generating jobs.
11:20 - 12:47 (01:27)
Electric Vehicles
Summary
The US is set to provide tax credit to those buying electric vehicles in a move to reduce dependency on China while generating jobs. However, one must be aware that the credit may not be available in a few weeks.