Inflation Reduction Act mandates escalating battery critical mineral requirements to qualify for EV tax credit

Green Car Congress
By mmillikinAug 9, 2022, 9:00 am288 pts
The Inflation Reduction Act, which the Senate passed last week, revamps the electric vehicle Federal tax credit of $7,500 (earlier post). Among the changes are an extension of the tax credit through 2032, the removal of the unit-sales cap of 200,000 per OEM, and a new mandate for qualified cars being assembled…

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Inflation Reduction Act mandates escalating battery critical mineral requirements to qualify for EV tax credit

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