WASHINGTON/NEW YORK -- The U.S. government has made clear that its electric-vehicle promotion efforts are more about decoupling from China than about reducing emissions of carbon dioxide and other global-warming gases.
Under proposed regulatory guidance released Friday, EVs containing certain items made in China would not qualify for a consumer tax credit. This would apply to Chinese-made battery components in 2024 and to Chinese-sourced critical minerals starting in 2025.
