The European Union expressed concern Thursday that a new U.S. tax credit plan aimed at encouraging Americans to buy electric vehicles would discriminate against European producers and break World Trade Organization rules.
Electric vehicles (EVs) with battery parts made by companies owned in part by China or another "foreign entity of concern" will not qualify for a $7,500 tax credit starting in 2024, under guidelines President Joe Biden's administration proposed on 1 December.Energy Argus petroleum coke group...
BEIJING, December 5 (TMTPost)— The U.S. government is going to impose new limits on electic vechile (EV) tax credits, which is deemed as a new curb targeting Chinese firms. Credit:Visual China The U.S. Department of Energy (DOE) proposed interpretive rule and request for public comment...
BEIJING, December 5 (TMTPost)— The U.S. government is going to impose new limits on electic vechile (EV) tax credits, which is deemed as a new curb targeting Chinese firms. Credit:Visual China The U.S. Department of Energy (DOE) proposed interpretive rule and request for public comment...
BEIJING, December 5 (TMTPost)— The U.S. government is going to impose new limits on electic vechile (EV) tax credits, which is deemed as a new curb targeting Chinese firms. Credit:Visual China The U.S. Department of Energy (DOE) proposed interpretive rule and request for public comment...
BEIJING, December 5 (TMTPost)— The U.S. government is going to impose new limits on electic vechile (EV) tax credits, which is deemed as a new curb targeting Chinese firms.Credit：Visual China The U.S. Department of Energy (DOE) proposed interpretive rule and request for public comment...
Tesla Model Y will be the most-sold EV in 2024. Some popular electric vehicle models that have seen significant sales in 2024 include theTeslaModel Y, Hyundai Kona Electric, and BMW i4. The market dynamics can change, and new models may emerge as strong contenders in the EV sales race. ...
The rules would limit EV buyers from claiming the full tax credit if they purchase cars containing battery materials from China and other nations "of concern" that are considered hostile to the United States. Those include Russia, North Korea and Iran. Under the final rule, however, small ...
On Thursday, the US House narrowly voted to pass a bill restricting EV tax credits for vehicles using battery technology licensed from China. The bill has faced opposition from the White House, the South China Morning Post reported on Friday. ...
2024 Hyundai IONIQ 5 (Source: Hyundai) The deal includes a $5,000 Colorado Innovative Motor Vehicle Credit, $10,000 in bonus cash, and a $1,000 loyalty bonus. The Kia Niro EV is another top EV lease option this month. You can lease a 2024 Kia Niro Wind EV for $169 fo...