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U.S. loosens some electric vehicle battery rules, potentially making more EVs eligible for tax credits

DETROIT — The U.S. government has loosened some rules governing electric vehicle tax credits a bit, potentially making more EVs eligible for credits of up to $7,500. The Treasury Department announced final regulations for the credits under the 2022 Inflation Reduction Act on Friday, giving automakers more time to comply
North Korea United States John Bozzella Janet Yellin Treasury Department Alliance For Automotive Innovation

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US loosens some electric vehicle battery rules, potentially making more EVs eligible for tax credits – Metro US

DETROIT (AP) — The U.S. government on Friday loosened some rules governing electric vehicle tax credits, potentially making more EVs eligible for credits of up to $7,500 but leading critics to accuse the Biden administration of helping China. The Treasury Department announced final regulations for the credits under the 2022 Inflation Reduction Act, giving automakers […]
United States West Virginia North Korea Joe Manchin John Bozzella Joe Biden
Source: metro.us

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