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Old 08-18-2022, 12:01 AM   #21 (permalink)
Hersbird
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"The percentage of the value of the components contained in such battery that were manufactured or assembled in North America is equal to or greater than the applicable percentage" (50% for 2023) = $3750

the percentage of the value of the applicable critical minerals (as defined in section 45X(c)(6)) contained in such battery that were--
``(i) extracted or processed--

``(I) in the United States, or
``(II) in any country with which the United States has a free trade agreement in effect, or

``(ii) recycled in North America, is equal to or greater than the applicable percentage (as certified by the qualified manufacturer, in such form or manner as prescribed by the Secretary) (40% for 2023) = $3750 credit

So one is the battery components be manufactured in North America at 50% And the 2nd is the minerals inside must be 40% North America, or free trade country, or recycled in NA.

I think the first 50% components is doable, but the 40% no China or Russia thing on the source of the minerals is not going to be possible.

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