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Electric vehicles eVs

New rules for EV tax incentives delayed after overseas opposition

The Biden administration on Monday delayed proposing detailed rules for new tax incentives for electric vehicles, following strong pushback from European and...
Categories
Electric vehicles eVs

U.S. Delays Key Step for EV Subsidy Program After Foreign Pushback

The Treasury Department said details on the battery-sourcing requirements that electric vehicles must meet to qualify for new tax credits will be released in March.