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‘Discriminatory’ EV tax credit could bring Mexico-imposed tariffs

Teslarati

The $12,500 electric vehicle tax credit proposed in President Joe Biden’s “Build Back Better” plan is being labeled as “discriminatory” by Mexican Economy Minister Tatiana Clouthier, who said the country is analyzing legal recourse and other actions, including potential tariffs against the United States.

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How Do the Electric Vehicle Tax Credits Work?

Blink Charging

Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. Under the current version of the Section 30D Clean Vehicle Credit (CVC), there are specific criteria that both the vehicle and taxpayer must meet. It does not act as a rebate (until 2024).

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China is Unhappy with the Inflation Reduction Act and Has Complained to the WTO

The Truth About Cars

Among many other things, the Inflation Reduction Act changed the way EV tax credits work in the United States. Legal experts say this case might not be so airtight for China, noting that the U.S. Now, China is expressing its unhappiness with the legislation by raising a dispute with the World Trade Organization.

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Rural EV charging incentivized in much of the US with Biden guidance

Baua Electric

The Biden administration will use a broad legal interpretation to provide tax credits to EV charging projects in a large swath of the country. The Treasury Department on Friday released additional guidance providing more specific information on what projects will qualify for the revived 30C tax credit. population.

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Tesla Solar City layoffs, Chevrolet Volt recall, and EPA staff levels: Today's Car News

Green Car Reports

EPA staff levels are below legal levels. And an energy industry poll says Americans aren't fond of the electric-car tax credit. New reports. Tesla's recent layoffs have hit Solar City installers. Chevrolet issues a recall for the 2013 Volt. All of this and more on Green Car Reports.

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After chiding Ford for US CATL battery plan, GM may be seeking its own

Baua Electric

battery-supply deal with China’s CATL, Car News China reports. Car News China reasons that the deal would likely be similar to the one between Ford and CATL—a deal GM leadership has criticized. This project—and a potential GM one—could change the makeup of the North American battery market, Car News China notes.

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Tesla investors post questions for TSLA Q3 2023 earnings call

Teslarati

Tesla Model 3 and Y now cost approximately the same as an average non-luxury car ($31.9k) and non-luxury SUV ($35.7k) after tax credit in the US despite better features. Mercedes is accepting legal liability for when its Level 3 autonomous driving system, Drive Pilot, is active. Don’t hesitate to contact us with news tips.

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