US EV policy likely to give free trade agreement nations a lift
January 3, 2024 Comments Off
Battery metal-producing nations that hold free trade agreements with the US are poised for a trade boost from the country’s efforts to shift to electric vehicles, analysts and industry observers told S&P Global Commodity Insights. Under US policy, EVs could account for 67% of new light-duty auto sales by model year 2032, up from 6.6% in 2022. While tax credit-eligible…
US EV policy likely to give free trade agreement nations a lift
Battery metal-producing nations that hold free trade agreements with the US are poised for a trade boost from the country’s efforts to shift to electric vehicles, analysts and industry observers told S&P Global Commodity Insights. Under US policy, EVs could account for 67% of new light-duty auto sales by model year 2032, up from 6.6% in 2022. While tax credit-eligible…
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