Biden’s latest China crackdown puts his EV ambitions at risk

It comes months after an earlier Treasury rule on domestic manufacturing locked out many vehicles from European, Japanese and South Korean automakers from receiving the tax credit. Around 22 electric and plug-in hybrid models currently qualify for the credit, less than one-fifth of the more than 100 models on the market.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.