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To add, this is the entire point of the EV tax credit that goes into effect this year, with a requirement for 50% of the raw battery material to come from North
by judge2020 4y ago
To add, this is the entire point of the EV tax credit that goes into effect this year, with a requirement for 50% of the raw battery material to come from North America, with it increasing 10% every year until it hits 80%.
- ralph84 4y agoOnly problem is the Biden admin decided to ignore Congress and say nah, forget about that requirement, we'll get to it later. And if you lease the car, just forget about it completely.
- klooney 4y agoIt's so weird that the USA keeps saying "yeah we need to reopen Mountain Pass" and then never does it for years and years. There's lots of places you could mine in the USA, it's a big country.
- pkulak 4y agoAre you referring to how the credit temporarily applies to more vehicles for the next few months? It can take a bit to implement new laws, especially complicated ones. I don't see anyone "ignoring congress".