US Extends Tax Credits for EVs Containing Chinese Graphite: Update on Electric Vehicle Tax Credits on Nostr: US Loosens Rules on Electric Vehicle Tax Credits, Potentially Making More EVs ...
US Loosens Rules on Electric Vehicle Tax Credits, Potentially Making More EVs Eligible
===============
#cfea4568 ver:0.14
The US government has loosened rules on electric vehicle (EV) tax credits, potentially making more EVs eligible for credits of up to $7,500. The credits aim to boost EV demand and reach the Biden administration's goal of 50% of new vehicle sales being electric by 2030. The new rules focus on income, vehicle price, battery makeup, and mineral requirements. The change is expected to make more EVs eligible for credits in 2025 and 2026, but automakers need to trace the origin of minerals. Despite the credits, EV sales only grew 3.3% in Q1 2022. #ElectricVehicles #CleanEnergy #TaxCredits...
#newstr #ElectricVehicles #TaxCredits #TreasuryDepartment #BidenAdministration #EvSales #BatteryMinerals #DomesticSupplyChain
https://here.news/story/cfea4568?ver=0.14
===============
#cfea4568 ver:0.14
The US government has loosened rules on electric vehicle (EV) tax credits, potentially making more EVs eligible for credits of up to $7,500. The credits aim to boost EV demand and reach the Biden administration's goal of 50% of new vehicle sales being electric by 2030. The new rules focus on income, vehicle price, battery makeup, and mineral requirements. The change is expected to make more EVs eligible for credits in 2025 and 2026, but automakers need to trace the origin of minerals. Despite the credits, EV sales only grew 3.3% in Q1 2022. #ElectricVehicles #CleanEnergy #TaxCredits...
#newstr #ElectricVehicles #TaxCredits #TreasuryDepartment #BidenAdministration #EvSales #BatteryMinerals #DomesticSupplyChain
https://here.news/story/cfea4568?ver=0.14