In the News

The $7,500 Tax Credit To Buy an Electric Car Is About To Change Yet Again, NPR

31 mars 2023

Partner Levi McAllister spoke with NPR for a story about new US Department of Treasury guidance on which electric vehicles qualify for a tax credit under the Inflation Reduction Act, based on where the battery minerals and components were sourced. The article notes that Senator Joe Manchin, author of the sourcing language, is frustrated with how the Biden administration is carrying out the bill’s requirements.

"Congress enacted a statute with some pretty clear-cut requirements in it," Levi said. "Senator Manchin and others, what they're really questioning is whether the administration is using agency guidance as a way to circumvent the intent of Congress."

Read the full NPR article >>