Battery sourcing guidance might slash EV tax credits

The U.S. Treasury Department’s guidance on battery sourcing requirements for the electric vehicle tax credits will result in fewer vehicles being eligible for full or partial credits, reports Reuters, citing an unnamed U.S. official. The proposed EV credit guidance as included in the Inflation Reduction Act says that in order for vehicles to qualify for […] Battery sourcing guidance might slash EV tax credits by Rebecca Bellan originally published on TechCrunch...