A trade pact could make EVs with battery materials sourced from Japan eligible for federal tax credits, the Japan Times reported Tuesday. The Inflation Reduction Act (IRA) requires major battery components and critical minerals to be sourced from countries with which the U.S. has a free trade agreement, a rule that has drastically cut the number... EV materials from Japan may be tax-credit-eligible with trade pact
A trade pact could make EVs with battery materials sourced from Japan eligible for federal tax credits, the Japan Times reported Tuesday. The Inflation Reduction Act (IRA) requires major battery components and critical minerals to be sourced from countries with which the U.S. has a free trade agreement, a rule that has drastically cut the number...