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Wednesday, November 29, 2023

Biden EV rule will impact qualifications for subsidies

 Just how the Biden administration defines the rule is seen as crucial for EV purchases as the subsidy is worth $7.5K. If batteries with even a small amount of its structure produced in China will be excluded, it could discourage EV sales and the transition away from gasoline-powered vehicles.

https://seekingalpha.com/news/4041200-biden-ev-rule-will-impact-qualifications-subsidies

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