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 U.S. Department of the Treasury and the IRS unveiled the final rules for the federal electric vehicle tax credit, a key ...
The Biden administration will allow consumers to get up to $7,500 on tax credits for electric vehicles containing Chinese ...
More electric vehicles could be eligible for federal tax credits worth up to $7,500 under a sweeping loosening of rules by ...
Two years after the launch of the Inflation Reduction Act (IRA), the U.S. government has finalized its final electric vehicle ...
Conflicting policy moves reflect dependence on China's supply chain and concerns about subsidies and national security ...
Centrist Democrat Senator Joe Manchin from West Virginia is criticizing the Biden administration's recent interpretation of ...
Sen. Sherrod Brown (D-OH) is set to join a bipartisan effort to kill a key funding mechanism for the Biden administration's ...
Republican lawmakers intensify efforts against Biden's climate agenda, targeting EV tax incentives and EPA emissions rules, potentially impacting US leadership in the EV industry.
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.