US loosens some electric vehicle battery rules, potentially making more EVs eligible for tax credits

US loosens some electric vehicle battery rules, potentially making more EVs eligible for tax credits

Friday, May 3, 2024

DETROIT (AP) — The U.S. government on Friday loosened some rules governing electric vehicle tax credits, potentially making more EVs eligible for credits of up to $7,500 but leading critics to accuse the Biden administration of helping China.

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