New US rules, aimed at curbing China, could make it harder for EV buyers to claim a full tax credit
By MATTHEW DALY
Associated Press
WASHINGTON (AP) — Americans could have a harder time finding electric vehicles that qualify for a full $7,500 federal tax credit under new rules being proposed. The Treasury and Energy Departments unveiled the rules Friday. They limit electric vehicle buyers from claiming the full tax credit if they purchase cars containing battery materials from China and other countries that are considered hostile to the United States. But the rules could slow consumer acceptance of electric vehicles just as Biden is trying to ramp up sales to help meet his goal to cut planet-warming greenhouse gas emissions in half by 2030.