The Policy Paradox: How US Tariffs and Tax Credits Risk Inflating Power Costs and Delaying the Energy Transition
Logistics Viewpoints
JULY 15, 2025
Crucially, the IRA includes a “Foreign Entity of Concern” (FEOC) exclusion rule, which, starting in 2024, disqualifies any vehicle containing battery components from entities in China, Russia, Iran, or North Korea from receiving the credit. This creates a policy paradox.
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