Rules that take effect on Tuesday will limit the $7,500 credits to electric cars made domestically with minerals from the U.S. or trade allies.
Here is what car buyers need to know about the Biden administration’s proposal to push the auto industry to sell more electric cars.
New federal rules are expected to speed the transition to E.V.s, a shift that car companies have embraced but will be challenged to carry out.
The electric car company’s decision to slash prices appears to have paid off in reviving demand.
The Biden administration hopes its guidelines for up to $7,500 in tax credits will encourage automakers to reduce their reliance on China for batteries and raw materials.
President Biden and the European Commission president are set to discuss how to effectively counter Russia and a potential trade deal for electric vehicles.
Ownership rates of electric cars have more than doubled in New York City and the surrounding area, propelled by more varied models, more public charging stations and the fact they are now cheaper.
Doing taxes in 2023 feels a lot like it did before the pandemic. Still, there are some meaningful changes to keep in mind.
The Biden administration has faced backlash in Europe and Asia over its plans to bolster electric vehicle and battery production.
And quick.