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Posted on March 31, 2023 by Ana Swanson and Jack Ewing

New Rules Will Make Many Electric Cars Ineligible for Tax Credits

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.
CategoriesAutomobiles, Batteries, Battery Electric Car, Biden, Joseph R Jr, charging stations, China, Electric and Hybrid Vehicles, Electric Car News, Electric Cars, Electric Vehicles, Europe, European Union, EV, EV Bus, EV Concept, EV Technology, EV Truck, Factories and Manufacturing, Ford Motor Co, Formula E, fuel cell, Fuel Cells, General Motors, Global Warming, GM Volt, Greenhouse Gas Emissions, Hybrid, Hybrid Cars, hybrids, Hydrogen, Hyundai Motor Co, Inflation Reduction Act of 2022, International Relations, International Trade and World Market, Japan, Lithium (Metal), Metals and Minerals, MiEV, plug-in vehicles, Solar Car, Tax Credits, Deductions and Exemptions, Tesla, Tesla Motors Inc, United States, United States Politics and Government

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