Domestic Halloysite To Help Automakers With US Electric Vehicle Tax Credit
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Electric vehicle makers in the US may struggle to qualify their customers for a federal tax credit under new rules set by the Inflation Reduction Act. Topping the list is a supply chain makeover focusing on domestic sources. That could mean a new market for halloysite, and if you don’t know what that is, we’re all about to find out.
Among those requirements is a clause covering the domestic source of critical materials used in electric vehicle batteries and other clean tech. That’s a problem becauseThe Congressional Research Service described the problem just last month, as applied to lithium-ion batteries.depend on five critical minerals whose domestic supply is potentially at risk for disruption: lithium, cobalt, manganese, nickel, and graphite,” CRS explained. “The U.S.
Halloysite is a clay mineral. It belongs to the kaolinite group of clays, which is mainly known in the form of the fine white clay kaolin used to manufacture ceramics as well as paper and paint.
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