Understanding how to buy, own, and service an electric vehicle is surprisingly complex these days. With a growing marketplace and greatly improved technology, consumers have far more decisions to make, and the wrong choice could be an expensive one. That’s because a portion of the Inflation Reduction Act (IRA), molded by the Environmental Protection Agency and US Department of the Treasury, offers accessible EV subsidies—for certain vehicles.
But what disqualifies an EV and its consumer from receiving these environmentally friendly subsidies? Price and size play a significant role—with an $80,000 vehicle price ceiling and credit differential depending on EPA size classification—but the real deciding factors lie within the car itself.
Tirupati Graphite PLC (LON:TGR) is a fully integrated specialist graphite and graphene producer, with operations in Madagascar and India. The Company is delivering on this strategy by being fully integrated from mine to graphene. Its global multi-location operations include primary mining and processing in Madagascar, hi-tech graphite processing in India to produce specialty graphite, and a state-of-art graphene and technology R&D center to be established in India.
