U.S. to Limit China’s Ability to Benefit From Electric Vehicle Industry
Posted inBatteries Electric and Hybrid Vehicles Inflation Reduction Act of 2022 International Relations Lithium (Metal) Metals and Minerals Regulation and Deregulation of Industry Supply Chain Tax Credits, Deductions and Exemptions Treasury Department

U.S. to Limit China’s Ability to Benefit From Electric Vehicle Industry

The Biden administration issued new rules to prevent Chinese firms from supplying parts for electric cars set to receive billions of dollars in tax credits.
U.S. Debates How Much to Sever Electric Car Industry’s Ties to China
Posted inBatteries Biden, Joseph R Jr China Electric and Hybrid Vehicles Factories and Manufacturing Huntsman Corporation Huntsman, Peter R (1963- ) International Trade and World Market Metals and Minerals Regulation and Deregulation of Industry Supply Chain Tax Credits, Deductions and Exemptions United States Economy United States Politics and Government

U.S. Debates How Much to Sever Electric Car Industry’s Ties to China

Some firms argue that a law aimed at popularizing electric vehicles risks turning the United States into an assembly shop for Chinese-made technology.