The US Inflation Reduction Act includes a range of incentives for localised EV and battery production but carmakers say stringent rules for eligibility are misaligned with current capacity
Material, component and assembly requirements governing eligibility for credits actually disqualifies a high number of EVs from the purchasing incentive. The Clean Vehicle Credit part of the act also stipulates that only those vehicles with final assembly in North America qualify.
To continue reading this article and others like it, please SIGN-IN or REGISTER FREE today.
By creating your account you will be able to stay up-to-date with the latest industry developments, trends and analysis, read in-depth reports and intelligence, and connect with your peers.
Creating an account gives you:
Gain access to our exclusive content and features register free today
Non-registered users are able to access one AL exclusive articles per week. You have now used your allocation.
To continue reading this article and others like it, please SIGN-IN or REGISTER FREE today
Lower energy prices in 2023 have been shown to be a key factor in helping to control operational costs for parts makers in Europe
Mercedes-Benz Group has finally sold its 15% stake in Russian truck manufacturer Kamaz to an unnamed buyer following the cessation of cooperation in February 2022
The German locomotive drivers’ union GDL is calling for a six-day strike that will impact cargo and passenger services across the country
![Global[1]](https://d3n5uof8vony13.cloudfront.net/Pictures/web/a/d/s/global1_726550.svgz)
