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The Manila Timescites GlobenewswireApr 9, 2026

NOVONIX US$103 Million 48C Tax Credits Certified for Synthetic Graphite Facility

Representative Fleischmann praised the $103 million tax credit certification for NOVONIX as a win for Chattanooga and U.S. energy security.

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NOVONIX US$103 Million 48C Tax Credits Certified for Synthetic Graphite Facility
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The U.S. Government has certified $103 million in Section 48C tax credits for NOVONIX's synthetic graphite facility in Tennessee, a move praised by Rep. Chuck Fleischmann as vital for the domestic battery supply chain.

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Chuck FleischmannR-Tennessee-3
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