US loosens some electric vehicle battery rules, potentially making more EVs eligible for tax credits

DETROIT — The U.S. government has loosened some rules governing electric vehicle tax credits a bit, potentially making more EVs eligible for credits of up to $7,500.

Starting in 2025, batteries with any critical minerals from nations of concern would not be eligible for any tax credits. But after getting comment from the auto industry and others, treasury officials decided to loosen that restriction.Small amounts of graphite and other minerals would be exempt from the restriction until 2027, because their country or origin is nearly impossible to trace.

Of 114 EV models currently sold in the U.S., only 13 qualify for the full $7,500 credit, the alliance said. Trump trial updates: Prosecution plays Cohen’s secret recording of Trump discussing payment to Karen McDougal The former president's niece described a "split screen" effect that she believes could be damaging to the case against her uncle.Trump Gets Quick Lesson In Recent History After Awkward Error During Rally Rant

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