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EV Automakers: The US government gave automakers a reprieve Friday when finalizing electric vehicle tax credit rules, by letting cars that contain Chinese graphite qualify for the consumer credits through 2026. Starting this year, new rules came into effect restricting Chinese content in batteries if they were to qualify for EV tax credits of up to USD 7,500.
The government is mulling providing incentives to woo electric car producers into building a manufacturing plant in Indonesia.
Globally, as many as one-third of potential EV owners do not have the ability to charge their vehicles at home and would be solely reliant on their country’s public charging network. EV automakers have a responsibility to their customers who have ...