The NPRM states that, beginning in 2024, a vehicle will be ineligible for tax credits if any battery components are ...
T he Biden administration finalized guardrails for its electric vehicle tax credit on Friday that keep President Joe Biden’s EV adoption goals in sight but are likely to draw challenges from critics ...
The U.S. Department of the Treasury and the IRS unveiled the final rules for the federal electric vehicle tax credit, a key ...
DETROIT -- The U.S. government on Friday loosened some rules governing electric vehicle tax credits, potentially making more ...
The U.S. Department of the Treasury and Internal Revenue Service (IRS) updated the EV tax credit rules today with ...
Critics of President Joe Biden's implementation of Inflation Reduction Act incentives have been eager for a vote in Congress.
But the regulations angered mining companies and Democratic Sen. Joe Manchin of West Virginia, who said they provided a loophole for Chinese companies to ...
“The Administration has made clear from Day 1 of implementing the consumer electric vehicle tax credit in the Inflation ... a significant portion of an EV battery and often comes from China.
Sen. Sherrod Brown (Ohio), considered one of the most vulnerable Senate Democratic incumbents up for reelection this year, ...
The US government gave automakers a reprieve Friday when finalizing electric vehicle tax credit rules, by letting cars that contain Chinese graphite qualify for the consumer credits through 2026.