The U.S. government has loosened some rules governing electric vehicle tax credits a bit, potentially making more EVs eligible for credits of up to $7,500.
State officials believe most of the unexpected revenue was generated by the state’s new surtax and collections from capital gains — money that state officials largely can’t use to balance the budget as a whole.
By TOM KRISHER and MATTHEW DALY Associated Press DETROIT (AP) — West Virginia Sen. Joe Manchin says new rules governing electric vehicle tax credits are a giveaway to China. Manchin, a Democrat who chairs the Senate Energy and Natural…
Centrist Democrat Sen. Joe Manchin (W.Va.) is blasting the Biden administration’s new interpretation of which vehicles can qualify for electric vehicle tax credits — saying it gives too much leeway for batteries containing Chinese…