The Biden administration's rules, aiming to reduce the reliance on China for electric vehicle (EV) materials, are facing opposition from 3,900 auto dealers and could impact the number of EVs eligible for the $7,500 consumer subsidy. U.S. companies are still able to work with Chinese partners, despite the restrictions. Amid this, Chinese car maker BYD's record sales, surpassing Nissan, are heating up the EV race. A report suggests the need for automakers to build cheaper, smaller EVs to spur adoption. A Texas company's disrupted plans to manufacture an all-American EV underscore the stakes in the industry.
BYD surpasses Nissan amid record November sales as EV maker closes in on Tesla https://t.co/X1LKy3piO8 by @EVPeteJohnson
Automakers must build cheaper, smaller EVs to spur adoption, report says https://t.co/RmtzzAxuy3
Biden administration rolls out rules for foreign entities in electric car tax credit eligibility https://t.co/PQgWxDPTZC https://t.co/i9xNT8BMxb
The Biden administration is moving to jolt the domestic electric-car industry out of its reliance on China. But much-awaited rules released Friday appear to leave room for U.S. companies to work with Chinese partners. @aduehren https://t.co/ShvklCBZ4B https://t.co/ShvklCBZ4B
Chinese car maker BYD’s sales of electric and plug-in hybrid vehicles hit a record in November, helped by price cuts https://t.co/SuqEC17wmX
US moves to choke China’s role in electric vehicle supply chain https://t.co/05axQdYUyP via @ft
The number of EVs eligible for consumer tax credits in the US is poised to shrink after the Biden administration set rigorous limits on the amount of materials manufacturers can source from China and other foreign adversaries. https://t.co/rbEsh0f3ia
Electric-vehicle subsidy rules released Friday by the Biden administration appear to leave some room for U.S. companies to work with Chinese partners https://t.co/CREtcZSCX0 https://t.co/CREtcZSCX0
The number of EVs eligible for consumer tax credits in the US is poised to shrink after the Biden administration set rigorous limits on the amount of materials manufacturers can source from China and other foreign adversaries. https://t.co/Js1ES7RMAE
The number of EVs eligible for consumer tax credits in the US is poised to shrink after the Biden administration set rigorous limits on the amount of materials manufacturers can source from China and other foreign adversaries. https://t.co/3u24SLfB7H
US moves to choke China’s role in electric vehicle supply chain https://t.co/SbYS6xYKA8
Biden’s latest China crackdown puts his EV ambitions at risk https://t.co/F1ZLlFHTHV
US moves to choke China’s role in electric vehicle supply chain https://t.co/SU9CnRbtKY
🔸BIDEN ADMINISTRATION UNVEILS NEW GUIDANCE TO LIMIT CHINESE BATTERY COMPONENTS, MINERALS FROM WINNING ELECTRIC VEHICLE TAX CREDITS
Chinese car maker BYD’s sales of electric and plug-in hybrid vehicles hit a record in November, helped by price cuts https://t.co/Ah5UoalxY0
President Biden's support for the United Auto Workers might have harmed his push for a faster transition to electric vehicles. https://t.co/R5jZEP6d8k
BYD slashes prices in year-end promotion as EV race with Tesla intensifies https://t.co/qjM5OwE2rJ by @EVPeteJohnson
A Texas company’s plans to help make an all-American electric vehicle were upended by China. Its experience highlights the stakes as the Biden administration firms up rules governing the industry. https://t.co/0cJjINeXor
"Mr. President, Tap The Brakes": 3,900 Auto Dealers Warn EV Demand Crumbling https://t.co/LVwjgtmgKH
The Biden administration is expected to release rules addressing a $7,500 consumer subsidy for people who buy new electric vehicles https://t.co/xueZ9hwxwp https://t.co/xueZ9hwxwp
Car dealers openly beg Biden to put brakes on electric vehicle drive https://t.co/n5wg9bWEyQ