CMMSA 2.0

HR 7473 (CMMSA 2.0) increases the tax credit for battery manufacturing from 10% to 25% for electrode materials used in battery production. It adds new requirements that battery components cannot contain critical minerals extracted, processed, or recycled after 2026 by foreign entities deemed a security threat. The bill also expands what qualifies as "electrode active materials" to include precursor materials (like lithium hydroxide) and solid state electrolytes. Finally, it extends the phaseout period for certain critical mineral credits until 2041, instead of 2030. This directly affects battery manufacturers seeking tax credits for domestic production.