Rules Would Bar EV Tax Credits if Batteries, Minerals Linked to China
The U.S. proposed new guidelines Friday spelling out which electric vehicles will be eligible for tax credits, ruling out those that contain batteries or minerals sourced from China and other nations that have fallen out of favor with the U.S. The restrictions dictate which clean energy vehicles will qualify for a subsidy of up to $7,500 under President Joe Biden’s Inflation Reduction Act, a federal law promoting sustainable, domestic energy production. Only about 20 out of the more than 100... Читать дальше...