The Biden administration plans to exclude electric vehicles made with minerals and materials from China from the IRA's consumer EV tax credit. This proposal aims to reduce China's dominance over the EV supply chain. Joe Manchin criticizes exemptions in the rule. The U.S. is determined to block imports of Chinese EVs as two-thirds of the world's EVs are made in China. Despite trade barriers, experts warn that Chinese EVs will pose a major threat to American automakers. Meanwhile, there are concerns about the demand for EVs plummeting and the high cost of repair for battery-powered vehicles.
"As demand for EVs plummets, Biden’s green fantasy is pummeling US auto dealers" (@TheHillOpinion) https://t.co/cgzkS1sB9f https://t.co/0N8y3N7XSH
MyPOV: does the high cost of repair outweigh the low cost of operation? #Cop28 Thousands of Americans are buying their first battery-powered vehicles as they become cheaper. But some are finding their new wheels have a surprising downside https://t.co/bIPvO6z449 via @WSJ
"As demand for EVs plummets, Biden’s green fantasy is pummeling US auto dealers" (@TheHillOpinion) https://t.co/zDYeMbRRcI https://t.co/xp2aBfM1vd
Thousands of Americans are buying their first battery-powered vehicles as they become cheaper. But some are finding their new wheels have a surprising downside. https://t.co/FpAV1Uy0vd https://t.co/FpAV1Uy0vd
Despite Trade Barriers, Chinese EVs Will Pose Major Threat To American Automakers, Say Experts: 'Picture A Modern Day Godzilla' https://t.co/c7TfDdPZFK
President Trump addresses truck driver’s concerns about Biden’s electric vehicle mandate who implies it will ruin the industry https://t.co/KJ7ykG7JKC
Americans Not Buying Into the Government’s Electric Vehicle Revolution https://t.co/MWfUNqZ1rC
President Trump on electric vehicles: "They don’t go far. They cost a fortune." https://t.co/OdHeDvgrc7
Americans love their cars. So long, it seems, as they don’t run on batteries. Less than two-fifths of people would consider buying an electric vehicle, recent polling suggests. Read why https://t.co/gedwqI3lJT 👇
Two-thirds of the world's EVs are made in China, and the U.S. is determined to block imports of Chinese EVs. https://t.co/G8r3CJxaGs
Major DC car dealer sounds alarm over feds' EV push: 'Everyday Americans' are rejecting mandates https://t.co/auymFsFGZ5
Indonesia’s early EV pioneers are making ground but vulnerable to disruptors https://t.co/0yyixn8de1
Why dealers say EV sales have slowed https://t.co/YCqR25oKro
Big Plans for an All-EV Fleet in 2024? New Rules, Aimed at Curbing China, Might Roil Them https://t.co/HYJ5rflNYp
Electric vehicles made with materials and minerals originating from China will not be eligible for a full $7,500 tax credit, the Biden Administration announced Friday, in a proposal aimed at curbing China’s dominance over the EV supply chain. https://t.co/WHA6qlLRFK https://t.co/QD7081uOei
Is America’s EV revolution stalling? Its motorists aren’t won over by battery power—yet https://t.co/yrZw0uDI81 👇
Joe Manchin blasts exemptions in Biden administration rule on foreign EV parts https://t.co/DPTfwNmdhr https://t.co/G1NCl12WKK
Electric vehicles made with minerals and materials produced in China won't qualify for the IRA's consumer EV tax credit in the future, the Biden administration says. https://t.co/BwdXPjmSdH