US EV Tax Credit

IRS Guidance On Electric Drive Incentives Will Provide Clarity For The Stakeholders Throughout The Value…

WASHINGTON — Following the IRS release of guidance on Section 30D and 25E incentives, Electric Drive Transportation Association (EDTA) President Genevieve Cullen said, “The Electric Drive Transportation Association (EDTA) shares the Administration’s vision for an electrified fleet, and our members are working to expand manufacturing capacity and strengthen the supply … [continued]

U.S. DOE Releases Final Interpretive Guidance on the Definition of Foreign Entity of Concern

Final Guidance Provides Clarity on Terms that Restrict FEOCs from Clean Vehicle Tax Credits and Support Growth of Domestic Battery Materials Processing and Manufacturing WASHINGTON, D.C. — Today, the U.S. Department of Energy (DOE) finalized its guidance interpreting the statutory definition of “foreign entity of concern” (FEOC) in Section 40207 of the Bipartisan … [continued]