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Biden adds carveout to EV credit restrictions
Welcome to The Hill's Energy & Environment newsletter {beacon} Energy & Environment Energy & Environment The Big Story Biden issues flexible guidance for EV components The Biden administration granted leeway for qualifying for electric vehicle ...The Hill - Politics - Joe Biden -
EV Makers Get Two-Year Reprieve on Tax-Credit Restrictions
The Treasury Department has extended eligibility for cars containing Chinese graphite through 2026.The Wall Street Journal - World -
Biden administration grants flexibility for automakers in EV tax credit rule
The Biden administration on Friday granted automakers some flexibility on qualifying for electric vehicle tax credits. The new final guidance, issued as part of the 2022 Inflation Reduction Act, incorporates a two-year exemption to provisions of ...The Hill - Politics - Joe Biden -
Confusion and trade rules are speed bumps for Biden’s EV goals
If widespread EV adoption is truly a priority, then America’s trade policies, some of which Biden inherited and some of which are his own, need another look.The Hill - Politics - Joe Biden -
Manchin blasts leeway in Biden’s EV tax credit rule: ‘Outrageous and illegal’
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 materials. “The ...The Hill - Politics - Joe Biden -
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EV Makers Get Two-Year Reprieve on Tax-Credit Restrictions
The Treasury Department has extended eligibility for cars containing Chinese graphite through 2026.The Wall Street Journal - Business -
As Elon Musk Abandons the $25K Tesla, This EV Costs Just $4,400
Meet the Zhidou Rainbow—it costs less than an ebike and is capable of completing the average US daily commute with charge to spare.Wired - Tech - Elon Musk -
Condé Nast Strikes Deal With Employees Threatening to Disrupt Met Gala
The company on Monday reached a tentative contract agreement with unionized employees who said they were willing to disrupt Anna Wintour’s carefully laid plans over stalled negotiations.The New York Times - Lifestyle -
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Governments slap taxes on EVs as $110bn fuel duty shortfall looms
New levies and fees worldwide add cost to electric-car buyers as sales growth coolsFinancial Times - Business -
Apple unveils ‘outrageously powerful chip for AI’ in latest iPads
New hardware signals iPhone maker’s growing focus on running artificial intelligence features on mobile devicesFinancial Times - Business - Apple -
Ford ready to restrict UK sales of petrol models to hit EV targets
US carmaker will also push back ‘irrelevant’ target of selling only electric cars in the EU by 2030Financial Times - World - United Kingdom -
Judge in Trump classified documents case postpones trial indefinitely
Aileen Cannon says it would be ‘imprudent’ for Florida court to proceed with planned May 20 start dateFinancial Times - Business - Donald Trump