U.S., EU Begin Critical Minerals Talks To Meet IRA’s EV Tax Credit Criteria

March 13, 2023
The Biden administration and European Union officials are launching negotiations on a trade agreement to provide European industry with access to revamped electric vehicle (EV) tax credits in the U.S., amid EU officials’ fears that the Inflation Reduction Act’s (IRA) domestic-content eligibility criteria might stymie such access. “[W]e intend to immediately begin negotiations on a targeted critical minerals agreement for the purpose of enabling relevant critical minerals extracted or processed in the European Union to count toward requirements for clean...

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