Friday, January 27, 2023

Manchin's new bill latest snag in EV tax credit rollout

Sen. Joe Manchin, D-W.Va., last week introduced legislation — dubbed the American Vehicle Security Act — that would amend the Inflation Reduction Act's consumer tax credit for new EVs so that the effective date of the required EV battery sourcing is no longer tied to Treasury's release of proposed guidance on the restrictions.



from Section Page News - Automotive News https://ift.tt/SjIPukL

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