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Tesla gets tariff exemption to import aluminum from Japan without paying a 10 per cent tariff

iconJun 26, 2019 14:25
Source:SMM
The US Commerce Department has approved Tesla's request for a 10 per cent tariff exemption on imported aluminium, which will help Tesla save battery production costs. But the tariff exemption is valid for only one year. In April, Tesla applied for exemption from tariffs on 10, 000 tons of aluminum imported from Japan's Nippon Light Metal for the production of batteries.

SMM6, June 26-the US Department of Commerce has approved Tesla's application for a 10 per cent tariff exemption on imported aluminum, which will help Tesla save battery production costs.

But the tariff exemption is valid for only one year.

In April, Tesla applied for exemption from tariffs on 10, 000 tons of aluminum imported from Japan's Nippon Light Metal for the production of batteries.

With regard to the import of aluminum from Japan, Tesla said that it was because the quantity and quality of aluminum produced in the United States did not meet the requirements of the company.

These batteries will not only power the Model 3, but will also be used in energy storage systems such as Powerwall and Powerpack, Tesla said. And Tesla is the only manufacturer in the United States to produce the battery, and plans to maintain exponential growth in the production of the battery.

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