The big missing piece of the EV tax credit guidance
POLITICO Energy
00:00
Introduction
The Treasury Department issued guidance on the inflation reduction act's electric vehicle tax credit at the end of March. But a crucial piece was missing: Clarity on which company's vehicles may or may not receive the consumer credit because of their connections to China. So far, Treasury hasn't defined that phrase, leaving companies uncertain about who they can partner with in the race to build a domestic EV industry.
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