1. Short title This Act may be cited as the End Chinese Dominance of Electric Vehicles in America Act of 2024 . 2. Exclusion from clean vehicle credit of vehicles containing materials sourced from prohibited foreign entities (a) In general Section 30D(d)(7) of the Internal Revenue Code of 1986 is amended to read as follows: (7) Excluded entities (A) In general For purposes of this section, the term new clean vehicle shall not include any vehicle— (i) with respect to which any of the components contained in the drive battery or any material contained in such a component was extracted, processed, recycled, manufactured, or assembled by a prohibited foreign entity, or (ii) the drive battery of which is designed, manufactured, or produced using any process attributable to any licensing, royalty, service, or similar agreement with a prohibited foreign entity the estimated total contract cost, including variable, contingent, or sales-based payments, of which exceeds $5,000,000. (B) Prohibited foreign entity For purposes of subparagraph (A), the term prohibited foreign entity means— (i) any foreign entity of concern (as defined in section 40207(a)(5) of the Infrastructure Investment and Jobs Act), (ii) any entity with respect to which the government of a covered nation has the right or power (directly or indirectly) to appoint or approve the appointment of a covered officer, or (iii) any entity 25 percent or more of the capital or profits interests of which are owned (directly or indirectly) in the aggregate by 1 or more of the following: (I) A covered nation or an entity described in clause (i) or (ii). (II) A citizen, national, or resident of a covered nation. (III) An entity organized under the laws of a covered nation. (C) Covered officer For purposes of this paragraph, the term covered officer means— (i) any member of the board of directors, board of supervisors, or an equivalent governing body, (ii) the president, senior vice president, chief executive officer, chief operating officer, chief financial officer, or