U.S. gov confirms it will grant US$10M in tax credits for Aussie battery materials company Novonix
Representative Chuck Fleischmann praised the $103 million tax credit for Novonix as a win for domestic manufacturing in Chattanooga.
Part of a bigger event
NOVONIX US$103 Million 48C Tax Credits Certified for Synthetic Graphite Facility4 articles·4 sources
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tl;dr
The U.S. government has certified $103 million in tax credits for Novonix, an Australian battery materials company, to support its synthetic graphite production facility in Chattanooga, Tennessee.
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CFChuck FleischmannR-Tennessee-3
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