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Biden admin moves to limit EV tax credit eligibility in potential blow to climate agenda

Por: Fox News Politics March 31, 2023

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The Biden administration proposed a series of highly-anticipated rules, providing some clarity on how it will implement Inflation Reduction Act (IRA) provisions that restrict which for tax credits. The rules, issued by the Treasury Department on Friday morning, outline the sourcing and battery components automakers must use in EV batteries to ensure eligibility for the full $7,500 credit. The IRA — which President Biden signed into law in... + full article



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