Volkswagen and Mercedes line up tariff-friendly battery supplies in deals with Canada.
Volkswagen AG and Mercedes-Benz Group AG have sealed agreements with Canada to secure access to raw materials such as nickel, cobalt and lithium for battery production, according to people familiar with the accords.
The Biden administration’s Inflation Reduction Act allows consumers to continue getting as much as $7,500 in tax credits for electric vehicles if manufacturers meet new content requirements. Minerals must be extracted from or processed in countries the US has a free trade agreement with, and a large percentage of battery components need to be manufactured or assembled in North America.
The goal would be to ease a coming battery shortage by supplementing suppliers with its own production, De Nysschen said in an interview at the company’s new battery testing lab in Chattanooga, Tennessee. The board was still weighing the idea, and no final decision had been made, he added.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
New research reveals Canada's richest athletes with surprise at topNew research has revealed who Canada\u0027s richest athletes are in terms of net worth.
Leer más »
FP Answers: Where is the best value in Canada for real estate?ICYMI: Where is the best value in Canada for real estate? — via financialpost FPAnswers Canada realestate
Leer más »
Columbus Blue Jackets' Kent Johnson lifts Canada past Finland for world junior titleColumbus Blue Jackets center Kent Johnson scored in overtime to give Canada a 3-2 victory over Finland for the world junior hockey title.
Leer más »
Saskatchewan's Logan Reider starred in two sports at Canada Summer GamesLogan Reider was Saskatchewan\u0027s flag\u002Dbearer at the Canada Summer Games\u0027 closing ceremony. She competed in female basketball and volleyball.
Leer más »
Israeli Series ‘Embezzlement’ Sells To Topic For U.S. & Canada StreamingEXCLUSIVE: Boutique North American streamer Topic has struck its first ever deal with Israeli powerhouse Yes TV for true crime series Embezzlement. First Look Media Entertainment-owned Topic will t…
Leer más »
Health Canada recalls medication that could provoke overdoseHydromorphone is an opioid used to treat pain and troubles linked to the consumption of opioids.
Leer más »