EU claims revamped US EV tax credit might violate WTO rules

2024 Volkswagen ID.BuzzThe European Union claims a proposed revamp to the United States EV tax credit aimed at prioritizing American-made content could discriminate against European manufacturers and break World Trade Organization (WTO) rules, the Associated Press reported Thursday. Part of the Inflation Reduction Act that was passed by the Senate last week and is…
Source: Hybrid and Electric Car News and Reviews