The Biden administration finalized guardrails for its electric vehicle tax credit on Friday that keep President Joe Biden’s EV adoption goals in sight but are likely to draw challenges from ...

The Biden administration is giving automakers some leeway on certain strict rules regarding qualification for a $7,500 government tax credit. The final guidelines, which have been released ...

The US government gave vehicle manufacturers a reprieve on Friday when finalizing electric vehicle (EV) tax credit rules, by letting vehicles that contain Chinese graphite qualify for the consumer ...

Vehicles were set to become ineligible for the tax credit in 2025 if their batteries contained Chinese-sourced graphite. The new rules delay that requirement. Mack Hogan ...

New rules from the Treasury Department will make it harder for vehicles to qualify for the full federal electric vehicle tax credit of $7,500 if key components are sourced from China. But the ...

Critics of President Joe Biden’s implementation of Inflation Reduction Act incentives have been eager for a vote in Congress. Ohio Democratic Sen. Sherrod Brown plans to back a Congressional ...

Centrist Democrat Sen. Joe Manchin (W.Va.) is blasting the Biden administration’s new interpretation of which vehicles can qualify for electric vehicle tax credits — saying it gives too much ...

The U.S. Department of the Treasury and Internal Revenue Service (IRS) updated the EV tax credit rules today with new requirements that should enable more electric ...

WASHINGTON, May 4 — The US government gave automakers a reprieve yesterday when finalising electric vehicle tax credit rules, by letting cars that contain Chinese graphite qualify for the consumer ...

WILMINGTON, Del. (AP) — First lady Jill Biden walks into Delaware courthouse as jury selection begins for Hunter Biden's federal firearms trial. Yahoo Finance ...