Senator Manchin aims to close battery loophole around the $7,500 EV tax credit
He's trying to halt credits from being offered to foreign-sourced batteries before March.
tax credit
Toyota runs out of federal EV tax credits, pushing prices higher
The automaker joins Tesla and GM in losing access to the subsidy after hitting a sales cap.
Senate committee moves to raise EV tax credit to as much as $12,500
Labor requirements would limit credit for many cars, however.We have two newsletters, why not sign up for both?
Maryland is already out of EV tax credits for 2019
The state drained its $6 million fund for EV incentives before the fiscal year began.
Trump's 2020 budget proposal cuts the EV tax credit
Congress will have the final say on it.
