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Biden released EV tax credit regulations restricting Chinese imports that could halt the U.S. from shifting away from fossil fuel

Biden’s new EV regulations to limit China’s role in U.S. market

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The Biden administration released electric vehicle tax credit regulations restricting Chinese imports. However, by reducing the number of vehicles that meet the $7,500 federal...
EV credits have the ability to promote equity by making electric vehicles more affordable for lower-income individuals and communities.

EV credits – 
Are they worth it?

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“Cash back” always sounds like a good deal, right? You might even have bought one or two things in your life that you did...

Weekly Roundup: Rivian fumbles, Manchin makes a stand, used car market...

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Weekly Roundup Earlier this week: Rivian's stock dropped to its lowest, falling roughly 92% from the initial trading of $130 in 2021, used car prices...
negotiations tax credits

Negotiations between the US and EU will have a status to...

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After encountering months of international criticism over his administration’s Inflation Reduction Act, President Biden is set to enter negotiations with the President of the...
Weekly roundup 2/10/23

Weekly Roundup: New NAMAD President has big plans, Deloitte shares 2023...

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Weekly Roundup: Study finds car dealers are vulnerable to the uptick in cybersecurity threats, used vehicle prices inch higher in January, President Biden reworks tax...
Lucid credits

Certain models of Lucid’s Air luxury vehicle will qualify for a...

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Lucid announced that owners of certain Air electric luxury sedans will be entitled to a $7,500 credit. However, Lucid will be responsible for paying...
Senator Joe Manchin's bill

Democratic Senator Joe Manchin’s proposed new bill demands rapid enforcement of...

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To put it in simple terms, Joe Manchin opposes EV adoption. The Democratic Senator from West Virginia, the country's second-largest coal supplier, has introduced...
Cadillac Lyriq

GM and Treasury argue over EV tax credits for Cadillac Lyriq

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The U.S. Treasury Department has refused to classify General Motor's electric Cadillac Lyriq as an SUV, a restriction which prohibits the vehicle from qualifying...
EV tax credits, credit

Treasury Dept. announces consumer leases can qualify for new EV tax...

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As of January 1, 2023, automakers selling EVs with final assembly outside of North America could qualify for a commercial vehicle tax credit, according...
tax credits

Goldman Sachs says big bucks in store for green energy infrastructure

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Goldman Sachs believes the Biden Administration’s Inflation Reduction Act could breathe new life into the U.S.’s green energy infrastructure. In an interview with CNBC, Michele...