The NPRM states that, beginning in 2024, a vehicle will be ineligible for tax credits if any battery components are ...
The Biden administration is giving automakers some leeway on certain strict rules regarding qualification ... General Motors, ...
The 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 ...
The U.S. Department of the Treasury and the IRS unveiled the final rules for the federal electric vehicle tax credit, a key ...
Sen. Sherrod Brown (D-OH) is set to join a bipartisan effort to kill a key funding mechanism for the Biden administration's ...
The Biden administration ... effect in January 2025. EV batteries with minerals sourced from China, for example, won’t be eligible for the $7,500 credit. The auto industry pushed the administration to ...
The U.S. Treasury Department will unveil the final version of new rules limiting a popular tax credit for electric car buyers as soon as May 3 as the Biden administration races to complete ...
Conflicting policy moves reflect dependence on China's supply chain and concerns about subsidies and national security ...
Critics of President Joe Biden's implementation of Inflation Reduction Act incentives have been eager for a vote in Congress.
DETROIT -- The U.S. government on Friday loosened some rules governing electric vehicle tax credits, potentially making more ...
The Biden administration issued final rules Friday to crack down on Chinese parts and materials in electric vehicle supply chains, while also providing a reprieve for car manufacturers that rely ...