EV automakers get reprieve in US tax credit rules

EV automakers get reprieve in US tax credit rules

Energy Daily

Published

Washington (AFP) May 3, 2024

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. The confirmation came as the Treasury Department and Internal Revenue Service published final rules on the clean vehicle provisions under President Joe Biden's landmark climate action plan, the Infl

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