Industry needs Treasury guidance on Inflation Reduction Act's EV sourcing rules, executives say

Industry needs Treasury guidance on Inflation Reduction Act's EV sourcing rules, executives say

The U.S. Treasury Department should issue guidance on which vehicles will be eligible for EV tax credits under the Inflation Reduction Act’s “foreign entity of concern” provision as soon as possible to give automakers, suppliers, dealers and consumers needed clarity, industry executives said.

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