Start United States USA — Japan U.S., Japan reach deal on vital minerals for EV batteries

U.S., Japan reach deal on vital minerals for EV batteries

90
0
TEILEN

Array
Japan and the United States have reached an agreement on trade in critical minerals for electric vehicle batteries, part of an effort to diversify supply chains and reduce reliance on China for strategically important resources.
The deal due to be signed later Tuesday is expected to help electric vehicles using metals processed in Japan qualify for tax incentives under U.S. President Biden’s Inflation Reduction Act.
“This announcement is proof of President Biden’s commitment to building resilient and secure supply chains,” U.

Continue reading...