The NPRM states that, beginning in 2024, a vehicle will be ineligible for tax credits if any battery components are ...
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 critics on ...
The U.S. Department of the Treasury and the IRS unveiled the final rules for the federal electric vehicle tax credit, a key ...
Electric vehicles (EVs) may be the most subsidized product in America. Federal taxpayers shell out $7,500 every time a new ...
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 ...
Sen. Sherrod Brown (D-OH) is set to join a bipartisan effort to kill a key funding mechanism for the Biden administration's ...
The new grants come under the umbrella of President Joe Biden’s goal of establishing 500,000 public EV charging stations by 2030. (AP Photo/Nam Y. Huh, file) (ASSOCIATED PRESS) ...
Two years after the launch of the Inflation Reduction Act (IRA), the U.S. government has finalized its final electric vehicle ...
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.
THE US government gave automakers a reprieve on Friday (May 3) when finalising electric vehicle (EV) tax credit rules, by ...