Electric vehicles made with materials and minerals originating from China will not be eligible for a full $7,500 tax credit, the Biden Administration announced

The Biden administration has proposed new rules that could make it harder for electric vehicles to qualify for a full $7,500 federal tax credit

Electric vehicles made with minerals and materials produced in China won't qualify for the IRA's consumer EV tax credit in the future, the Biden administration clarified Friday morning.

New rules from the Biden administration to limit a lucrative consumer tax credit for electric vehicles that contain ingredients from China and other foreign adversaries drew the wrath of Senator Joe Manchin,

The Biden administration announced Friday that it will bar any electric vehicles from qualifying for subsidies if their batteries are made in China or with Chinese materials, a provision that extends to any companies worldwide that are under Beijing's sway.

Automakers in South Carolina and elsewhere could see sales drop as a result of the federal rules announced on Friday.

But much-awaited rules released Friday appear to leave some room for U.S. companies to work with Chinese partners. The new requirements will likely reduce the number of electric-vehicle models that consumers can buy and qualify for a $7,

Senate Energy Committee Chair Joe Manchin (D-W.Va.) blasted the Biden administration’s new guidance on “foreign entities of concern” (FEOCs) ineligible for the Inflation Reduction Act’s (IRA) electric vehicle (EV) tax credits,

Sen. Joe Manchin (D-WV) on Friday blasted the Biden administration's new rules aimed at curbing China's influence in the electric vehicle market, vowing to pursue "every avenue and opportunity" to reverse the new guidance.