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US-Japan Mineral Pact Boosts EV Tax Credits

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The United States and Japan signed a mineral supply chain agreement on March 27, 2023. Under the new agreement, electric vehicles built with metals processed in Japan will qualify for the $7,500 U.S. tax incentives as disclosed by trade minister Yasutoshi Nishimura. In June 2022, the U.S. unveiled a multinational pact known as Minerals Security … (read full article...)
 
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