Browsing Tag

Climate and environment

US eases EV battery rules, may expand tax credit eligibility

TL/DR - The U.S. government has made changes to rules concerning electric vehicle (EV) tax credits, potentially making more EVs eligible for credits up to $7,500. The Treasury Department has finalized regulations for these credits under the 2022 Inflation Reduction Act, which give automakers more time to comply with provisions regarding where…