Federal Agencies Provide Guidance on Clean Vehicle Tax Credit Eligibility
Latham's Clean Energy Law Report
FEBRUARY 6, 2024
The Proposed Regulations define a FEOC by reference to the definition within Section 40207(a)(5) of the Infrastructure Investment and Jobs Act. [4] The batteries contain the critical material nickel, and are processed by an Indonesian company (Entity B). The Indonesian company is 26% owned by a Chinese entity (Entity C).
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