Mercedes-Benz and Volkswagen are looking to Canada for supplies of battery raw materials, which should help the automakers meet new eligibility requirements for the United States EV tax credit. The recently passed Inflation Reduction Act (IRA) lays out stipulations on critical minerals, battery sourcing, domestic-content thresholds, and vehicle... VW and Mercedes look to Canada for North American EV battery supply chain
Mercedes-Benz and Volkswagen are looking to Canada for supplies of battery raw materials, which should help the automakers meet new eligibility requirements for the United States EV tax credit. The recently passed Inflation Reduction Act (IRA) lays out stipulations on critical minerals, battery sourcing, domestic-content thresholds, and vehicle...