Biden administration sets EV tax credit rules meant to cut out China
Posted on AllSides December 1st, 2023
From The Right
The Biden administration announced Friday that it will bar any electric vehicles from qualifying for subsidies if their batteries are made in China or with Chinese materials, a provision that extends to any companies worldwide that are under Beijing's sway.
The standard is aimed at shoring up domestic manufacturing and moving the supply chain for electric vehicles away from China.
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