ZETA Summary of Treasury’s Proposed Implementation of 45X Advanced Manufacturing Production Tax Credit
Department of Treasury, Internal Revenue Service
December 15, 2023
The credit provides $35 per kWh in each battery cell, $10 per kWh in each battery module, and covers 10% of the costs of “production” of the applicable critical materials incurred by the taxpayer. [Full Text Here]
National policies to support the electric vehicle supply chain.
The Zero Emission Transportation Association (ZETA) is a federal coalition focused on advocating for the advancement of the electric vehicle supply chain. ZETA is committed to enacting policies that drive EV adoption, create hundreds of thousands of jobs, and maintain American EV manufacturing dominance in global markets.