Trump Administration Certifies Novonix $103M Tax Credit for Chattanooga Plant | Chattanooga Times Free Press
The company said the credits can be sold to a third party and will be paid when its first 11,000 tons of production begins.
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Trump administration certifies Novonix $103M tax credit for Chattanooga plant | Chattanooga Times Free Press
The U.S. government has certified the Novonix synthetic graphite plant off Riverfront Parkway in Chattanooga to receive a $103 million tax credit that was allocated under the Biden administration.
NOVONIX US$103 Million 48C Tax Credits Certified for Synthetic Graphite Facility
CHATTANOOGA, Tenn., April 09, 2026 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or the “Company”), a leading battery materials company, today announced that the U.S. Government has certified its Riverside project in connection with the US$103 million…
U.S. gov confirms it will grant US$10M in tax credits for Aussie battery materials company Novonix
The U.S. government confirms it will be granting US$103 million in tax credits for battery materials company Novonix. Decision reflects U.S. gov’s confidence in Chattanooga battery plant plans. Bid made for adjacent land package to expand Chattanooga. Battery materials company Novonix (ASX: NVX) has this week received confirmation that the U.S. government has certified its Riverside project in Chattanooga, in connection with US$103 million in ta…
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