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Monday, December 4, 2023

US to widen restrictions on imports of EV materials

Guidance from the Treasury and Department of Energy indicates the US is to widen restrictions on imported electric vehicle components in 2025 to include imports of critical materials used in their manufacture, particularly from China, Russia, Iran and North Korea. "Thanks to the Investing in America agenda and today's important guidance from Treasury and the Department of Energy, we're helping ensure that the electric vehicle future will be made in America," says John Podesta, senior adviser to the President for Clean Energy Innovation and Implementation