There are currently around 114 EV models available for purchase in the US. Out of that number, only 13 qualify for the full ...
More electric vehicles could be eligible for federal tax credits worth up to $7,500 under a sweeping loosening of rules by ...
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 Biden administration is giving automakers a little leeway around some of the strict rules regarding eligibility for the government’s $7,500 tax credit. The final guidance, which was released ...
The Biden administration will allow consumers to get up to $7,500 on tax credits for electric vehicles containing Chinese ...
The Biden administration granted automakers some flexibility Friday on qualifying for electric vehicle (EV) tax credits. The new final guidance, issued as part of the 2022 Inflation Reduction Act ...
But the regulations angered mining companies and Democratic Sen. Joe Manchin of West Virginia, who said they provided a loophole for Chinese companies to benefit from the electric vehicle incentives.
Two years after the launch of the Inflation Reduction Act (IRA), the U.S. government has finalized its final electric vehicle ...
Lawmakers from both parties are pushing resolutions in the House and Senate targeting the Biden administration’s electric vehicle credit rules related to foreign sourcing of minerals.
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 ...
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 ...