While the tariffs were largely welcomed, some industry groups and observers reiterated that they still represented only one aspect of a necessary and multi-faceted approach to protect US industries against China’s manufacturing overcapacity. “The US needs a comprehensive and coordinated response, and tariffs are a powerful but blunt instrument in a complex situation,” Avery Ash, […]
Washington Examiner: Treasury eases finalized electric vehicle tax credit to allow for Chinese graphite
“While recognizing the need for measures to expedite EV deployment, FEOC exemptions for any battery materials should be temporary: We need a clear exit strategy, lest we continue our dependencies on adversaries and further undermine the competitiveness of U.S. and allied critical minerals projects,” said Abigail Hunter, executive director of energy and defense nonprofit SAFE’s […]
E&E News: Biden expected to ease EV tax credit restrictions for key Chinese mineral
Experts say the administration is in a tight spot, trying to accelerate EV adoption and meet deployment commitments under the IRA, while at the same time securing complex mineral supply chains needed for EV batteries. The Biden administration is standing up mineral supply chains in the U.S and with trading partners through incentives, grants and […]
Fox Business: Industry group warns of Chinese connected vehicles
Now, a leading industry group, named Securing America’s Future Energy (SAFE), has made public their comments that the Commerce Department sought on the issue, describing the litany of risks to U.S. national security that the technology poses. “Foreign adversaries are cornering and leveraging key supply chains to geopolitical and economic ends — with outcomes that […]
Politico: China’s lock on batteries bedevils Biden’s electric vehicle push
“But the U.S. battery firms say the proposal left loopholes for automakers to keep relying on Chinese products — something that could be a death knell for their projects, as signing offtake agreements with buyers is often a condition for their financing. “The issue could even imperil the financing of projects that have reaped some […]
