By Taylor Kuykendall | February 13, 2025

IBAT CEO Iris Jancik said EV tax credit changes won’t derail long-term lithium demand, citing growth in both electric vehicles and utility-scale battery storage. She added that cutting EV tax subsidies underscores the need for cost-effective technologies like IBAT’s direct lithium extraction, which lowers both CAPEX and OPEX to help reduce EV battery costs.

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