Manchin blasts leeway in Biden’s EV tax credit rule: ‘Outrageous and illegal’ ...Middle East

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 leeway for batteries containing Chinese materials. “The Administration has made clear from Day 1 of implementing the consumer electric vehicle tax credit in the Inflation Reduction Act that they will break the law in pursuit of their goal to flood the market with electric vehicles as quickly as possible,” Manchin said in a written statement. The rule issued by the Biden administration on Friday loosens provisions in the Inflation Reduction Act that bar credit eligibility for vehicles whose bat

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Last updated : 03 May 2024 clock 08:45 PM

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Manchin blasts leeway in Biden’s EV tax credit rule: ‘Outrageous and illegal’ ...Middle East

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