China Business Blog - Aggregated China Business Blogs
Aggregated China Business Blogs
Democratic Senator Joe Manchin asks Treasury to bar Chinese battery firms, minerals from US EV tax credits
Aggregated Source: ChinaTechNews.com

On Monday, Democratic Senator Joe Manchin requested the US Treasury to implement the “strictest possible standards” to exclude Chinese battery firms or minerals from receiving tax credits for electric vehicles.

The Senate Energy Committee’s chair, Senator Manchin, expressed concerns to Treasury Secretary Janet Yellen in a letter regarding rumours that Chinese battery companies are actively looking for ways to capitalise on the credits.

Democratic Senator Joe Manchin asks Treasury to bar Chinese battery firms, minerals from US EV tax credits comes via ChinaTechNews.com.

Original URL: Click here to visit original article
Copyright ChinaTechNews.com