Senator Manchin aims to close battery loophole around the $7,500 EV tax credit

Senator Manchin aims to close battery loophole around the $7,500 EV tax credit

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Senator Joe Manchin, chairman of the Senate Energy and Natural Resources Committee, has introduced a new bill that squashes a small loophole around the Inflation Reduction Act's (IRA) $7,500 EV tax credit. The new credits are restricted to cars with final assembly in the US, as well as those with…

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