The NPRM states that, beginning in 2024, a vehicle will be ineligible for tax credits if any battery components are ...
T he Biden administration is giving automakers some leeway on certain strict rules regarding qualification for a $7,500 ...
The Biden administration finalized guardrails for its electric vehicle tax credit on ... said the updated rules make “good sense for investment, job creation and consumer EV adoption.” ...
According to the Treasury Department, $173 billion in private sector investment has been announced across the U.S. clean vehicle and battery supply chain since President Biden was elected ... Treasury ...
The auto industry pushed the administration to back off the tax credit’s more restrictive rules about trace minerals ... on behalf of the customer and use the savings to drive down the price of the ...
Two years after the launch of the Inflation Reduction Act (IRA), the U.S. government has finalized its final electric vehicle ...
The Biden administration will allow consumers to get up to $7,500 on tax credits for electric vehicles containing Chinese ...
But the regulations angered mining companies and Democratic Sen. Joe Manchin of West Virginia, who said they provided a loophole for Chinese companies to ...
Sen. Sherrod Brown (D-OH) is set to join a bipartisan effort to kill a key funding mechanism for the Biden administration's ...
Critics of President Joe Biden's implementation of Inflation Reduction Act incentives have been eager for a vote in Congress.
THE US government gave automakers a reprieve on Friday (May 3) when finalising electric vehicle (EV) tax credit rules, by ...
New rules from the Treasury Department will make it harder for vehicles to qualify for the federal EV tax credit, though the automakers were also granted a reprieve.