Electric vehicles

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…

BYD's Stance on the US EV Market Chinese electric vehicle (EV) giant BYD believes that the USA's Inflation Reduction Act of 2022 is preventing the sale of cheap electric cars in the United States. BYD's Stella Li claims that the US isn’t “under our current consideration” due to the Act, although it is worth noting that this didn't prevent BYD from…