The rule expands the timetable for graphite sourcing until 2027, a critical mineral used in battery production that is overwhelmingly produced in China.
A finalized Treasury Department regulation gives automakers a two-year cushion to produce and sell vehicles that qualify for the full $7,500 credit.
But the regulations angered mining companies and Democratic Sen. Joe Manchin of West Virginia, who said they provided a loophole for Chinese companies to ...
A plug-in hybrid Gladiator will join the Jeep lineup next year. Cadillac gets cold feet about its 2030 end date for gasoline. And Biden agencies ease one area of the EV tax credit that could mean more ...
Centrist Democrat Sen. Joe Manchin (W.Va.) is blasting the Biden administration’s new interpretation of which vehicles can ...
The U.S. Department of the Treasury and Internal Revenue Service (IRS) updated the EV tax credit rules today with ...
The Biden administration softened its proposed limits on tax credits for electric vehicles, letting consumers get up to ...
A bill that’s coming back around to the House floor is mining legislation that got caught in the crossfire in a feud between ...
The federal government has loosened some rules governing electric vehicle tax credits, potentially making more EVs eligible for credits of up to $7,500.
Most pure-electric and plug-in hybrid vehicles, regardless of battery material origins or where the vehicle was manufactured, are eligible for the full $7,500 tax credit if they are leased. This is ...