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

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/

Shoutout to our sponsors for more information find their links below:

- Fort Collins Kia: Visit focokia.com for full details. Disclaimer: *Delivery covers up to $1,000.

Find us on all of these places:

YouTube: https://www.youtube.com/outofspecpodcast

Apple Podcasts: https://podcasts.apple.com/us/podcast/out-of-spec-podcast/id1576636119

Spotify: https://open.spotify.com/show/0tKIQfKL9oaHc1DLOTWvbd

Amazon: https://music.amazon.com/podcasts/473692b9-05b9-41f9-9b38-9f86fbdabee7/OUT-OF-SPEC-PODCAST

For further inquiries please email podcast@outofspecstudios.com

#evbattery #electricvehicle #ev

Hosted on Acast. See acast.com/privacy for more information.