Treasury Department Announces Second Round of Section 48C Tax Credit for Clean Energy Manufacturing Facilities
38 North Solutions
MAY 3, 2024
To help build more resilient, diverse and secure U.S. Electric Vehicles: Manufacturing of power electronics (including semiconductors, modules, and circuits for EV motor traction drives, on-board EV chargers, DC/DC converters, and EV charging stations), permanent magnets, and battery components for use in electric vehicle motors.
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