EV tax credit supply chain rules ease, but China restrictions remain

In a coordinated push through federal agencies, the Biden administration on Friday released a revised set of regulations applying to the EV tax credit that will ultimately make the credit easier to claim for a wider range of vehicles in 2025 and 2026 but no easier for Chinese companies to gain a foothold on the market. The news came in updated...

May 9, 2024 - 17:25
EV tax credit supply chain rules ease, but China restrictions remain
2024 Chevrolet Blazer EV RSIn a coordinated push through federal agencies, the Biden administration on Friday released a revised set of regulations applying to the EV tax credit that will ultimately make the credit easier to claim for a wider range of vehicles in 2025 and 2026 but no easier for Chinese companies to gain a foothold on the market. The news came in updated...

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