Biden’s EV tax credit plan draws mixed reviews

Before 2022 came to a close, the Treasury Department released new rules regarding electric vehicle tax credits offered in the Inflation Reduction Act. The law contained “Made in America” requirements that rankled the European Union and other trading partners, who said the provisions would disadvantage their EV manufacturers and other clean tech industries. The Biden Administration is now showing some flexibility in how it will implement the revised EV tax credits, but it may not be enough to satisfy critics. POLITICO’s Doug Palmer reports. Josh Siegel is an energy reporter for POLITICO. Doug Palmer is a senior trade reporter for POLITICO. Kara Tabor is an audio producer for POLITICO. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices