vehicle included with the vehicle, whether or not the component parts are permanently installed in or on the vehicle. (e) Content requirements (1) Regional value content (A) In general The requirement described in this paragraph with respect to a vehicle is that the regional value content is not less than 60 percent (as certified by the qualified manufacturer, in such form or manner as prescribed by the Secretary). (B) Regional value content The regional value content is the amount (expressed as a percentage) equal to the quotient of— (i) the net cost of the vehicle minus the value of any non-originating materials used in the production of the vehicle, divided by (ii) the net cost of the vehicle. (C) Value of non-originating materials (i) In general For purposes of subparagraph (B)(i), the value of any non-originating materials shall include any materials of indeterminate origin which are used by the producer in the production of the vehicle. (ii) Exclusion For purposes of subparagraph (B)(i), the value of any non-originating materials used in the production of the vehicle shall not include the value of any non-originating materials used or consumed to produce originating materials which are subsequently used or consumed in the production of the vehicle. (2) Labor value content (A) In general The requirement described in this paragraph with respect to a vehicle is that the labor value content is not less than 25 percent (as certified by the qualified manufacturer, in such form or manner as prescribed by the Secretary). (B) Labor value content The labor value content is the amount (expressed as a percentage) equal to the quotient of— (i) the sum of— (I) the value of high-wage material contained in the vehicle, plus (II) the value of high-wage labor costs associated with production of the vehicle, divided by (ii) the net cost of the vehicle. (3) Definitions For purposes of this subsection— (A) High-wage labor costs The term high-wage labor costs means an amount equal to the sum of wage expenditures (not including