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02 Sep
14:11

Zinc8 says new battery plant will be built in US, due to new tax credits

Canada-based Zinc8 Energy Solutions says its first commercial battery production site will be in the United States, Kallanish reports. The company says the recently passed Inflation Reduction Act’s manufacturing production tax credits provide financial incentives to Zinc8 and its production plans. That covers eligible components including electrode active materials, battery cells and battery modules. That includes a $35 credit for every battery cell that sca…
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