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Published 2 years ago

Warnock bill takes aim at requirements limiting EV tax credit

Summary by Ground News
U.S. Sen. Raphael Warnock, D-Ga., introduced a bill Thursday to calm foreign-based electric vehicle manufacturers. Warnock's bill calls for delaying the made-in-North-America requirement until 2025 for batteries and 2026 for EVs themselves. Hyundai officials are worried the strict eligibility requirements for the new tax credit will hurt U.S.-based sales.

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