Fewer new EVs will qualify for a full $7,500 federal tax credit under the rules proposed Friday by the U.S. Treasury Department.
later this year, and many will get only half that, under rules proposed Friday by the U.S. Treasury Department.
The new rules will help consumers save money on EVs "and hundreds of dollars per year on gas, while creating American manufacturing jobs and strengthening our energy and national security," Treasury Secretary Janet Yellen said Friday. Drivers looking to buy an EV must move quickly to get the full $7,500 tax credit. The Internal Revenue Service lists more than three dozen electric or plug-in hybrid passenger vehicles made in North America that now are eligible. But some won't qualify or will get only half once the new Treasury Department rules take effect in less than three weeks.
This year, at least 40% of the value of battery minerals must be mined, processed or recycled in the U.S. or countries with which it has trade deals. That rises 10% every year until it hits 80% after 2026.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Fewer EVs will qualify for the federal $7,500 tax credit under updated rulesMost EV batteries come from China.
Leer más »
Stephen Colbert Wants an Assault Weapons Ban: “Fewer Guns Equals Fewer Shootings”“This is the 130th mass shooting of 2023, and 2023 is only 87 days old,” says Stephen Colbert. “Not doing anything about this is an insane dereliction of our collective humanity.”
Leer más »
Win VIP tickets to British GT's Silverstone 500!We've teamed up with British GT title sponsor Intelligent Money to give away VIP tickets and grid access | Promoted
Leer más »
S&P 500 ends above 4,000 mark on Wednesday, posting highest close in 3 weeksU.S. stocks finished higher on Wednesday as investors waited on an update on inflation due Friday that could help inform how many more rate hikes to expect from the Federal Reserve. The Dow Jones Industrial Average rose 1%:
Leer más »
Sperm donor in the Netherlands fathers more than 500 children, foundation saysA 41-year-old man allegedly fathered more than 500 children in the Netherlands, according to the Donorkind Foundation, of the Netherlands.
Leer más »
S&P 500 Futures retreat despite Wall Street’s gains, yields seesaw as pre-Inflation anxiety escalatesS&P 500 Futures retreat despite Wall Street’s gains, yields seesaw as pre-Inflation anxiety escalates – by anilpanchal7 SP500 YieldCurve Inflation RiskAversion CentralBanks
Leer más »