U.S. Car Brands Will Benefit Most From Electric Vehicle Tax Breaks
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U.S. Car Brands Will Benefit Most From Electric Vehicle Tax Breaks

Rules that take effect on Tuesday will limit the $7,500 credits to electric cars made domestically with minerals from the U.S. or trade allies.
New Rules Will Make Many Electric Cars Ineligible for Tax Credits
Posted inBatteries Biden, Joseph R Jr China Electric and Hybrid Vehicles Europe European Union Factories and Manufacturing Ford Motor Co General Motors Global Warming Greenhouse Gas Emissions Hyundai Motor Co Inflation Reduction Act of 2022 International Relations International Trade and World Market Japan Lithium (Metal) Metals and Minerals Tax Credits, Deductions and Exemptions Tesla Motors Inc United States United States Politics and Government

New Rules Will Make Many Electric Cars Ineligible for Tax Credits

The Biden administration hopes its guidelines for up to $7,500 in tax credits will encourage automakers to reduce their reliance on China for batteries and raw materials.
Electric Vehicles Could Match Gasoline Cars on Price This Year
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Electric Vehicles Could Match Gasoline Cars on Price This Year

Competition, government incentives and falling raw material prices are making battery-powered cars more affordable sooner than expected.
Tax Credits for Electric Vehicles Are About to Get Confusing
Posted inBiden, Joseph R Jr Electric and Hybrid Vehicles Ford Motor Co General Motors Hyundai Motor Co Inflation Reduction Act of 2022 International Trade and World Market Lobbying and Lobbyists Manchin, Joe III Metals and Minerals Tax Credits, Deductions and Exemptions Tesla Motors Inc Used Cars

Tax Credits for Electric Vehicles Are About to Get Confusing

Foreign-made cars no longer qualify. Tesla and G.M. are eligible again. But officials are still working on the fine print.