“The EV provision outlines that beginning 2023, 40% of an EV battery’s minerals and 50% of the components will need to come from the US or Free Trade Agreement (FTA) partners to be eligible for the tax credit. In 2027 and 2029, this requirement will increase to 80% for minerals and 100% for components.”
No FTA - Free Trade Agreement…no invite to the party.
It’s that simple!
IMO DYOR
LKE towards TOP-5, page-17642
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