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US Reveals Stricter EV Tax Credit Rules
US Reveals Stricter , EV Tax Credit Rules.
Reuters reports that the new electric
vehicle tax rules were announced by the
U.S. Treasury Department on March 31.
They will result in reduced or eliminated
tax credits on some electric vehicles.
The new rules, which are intended to wean America off of depending on China's battery supply chains, are set to take effect on April 18.
A revised list of models that qualify for tax credits will also be published at that time.
Reuters reports that Tesla said a
$7,500 tax credit for its Model 3 rear-wheel drive will be reduced as a result.
New conditions were imposed on EV credits within the Inflation Reduction Act that President Biden signed in August.
Such requirements include North American assembly, caps on price and buyer income eligibility, and now, batteries and critical minerals sourcing.
John Bozzella, Alliance for Automotive Innovation CEO, issued a statement.
Some EVs will certainly qualify for
a partial credit.
Given the constraints of the legislation, Treasury's done as well as it could to produce rules that meet the statute
and reflect the current market, John Bozzella, Alliance for
Automotive Innovation CEO, via statement.
President Joe Biden has a goal of
making 50% of new vehicle sales in the
U.S. EVs or plug-in hybrids by 2030
Joe Biden says he's not surprised Kamala Harris lost the presidential election last year ... putting the blame on sexist attitudes toward the former veep --.. TMZ.com
In a 6–3 decision, the US Supreme Court has reinstated Donald Trump’s controversial ban on transgender individuals serving in the military. The ruling allows the Pentagon to discharge troops diagnosed with gender dysphoria and reject new enlistees unless they serve in their birth Sex and forego transitioning. This reversal follows Trump’s January executive order and strikes down protections restored during Biden's tenure. The policy has sparked outrage among LGBTQ+ advocates, reigniting debates on civil rights, military readiness, and the limits of executive power under the Constitution.
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Ukraine is set to receive more U.S.-made Patriot air-defense systems as deadly Russian strikes intensify. A refurbished system from Israel is being rerouted, with Germany or Greece possibly sending another. While Trump pushes for peace, Zelensky’s plea for more weapons resurfaces after a missile strike killed 13 in Kyiv. With U.S. weapons deliveries from Biden’s era nearing exhaustion, the incoming Patriots are vital. The recent minerals deal between Ukraine and the U.S. could also open the door for further arms support as Kyiv braces for another wave of Russian aggression.
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Trump drops a bombshell revelation on the U.S. withdrawal from Afghanistan, blasting the Biden administration for handing over Bagram Air Base to China. He reveals that Bagram, one of the largest and strategically important air bases in the world, is now under Chinese control, located just an hour away from China’s nuclear missile production sites.
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In a fiery press briefing, Karoline Leavitt, press secretary, condemned the rising violence against Tesla and its CEO, Elon Musk, blaming Democrats for their silence on the issue. Amid growing attacks on Tesla dealerships, vandalism of vehicles, and violent threats to Musk’s family, Leavitt slammed the left for ignoring the violence.
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Extinction Rebellion stages Earth Day protest outside Tesla showroom
Climate activists held a demonstration outside a Tesla dealership in Manhattan on Earth Day, criticising Elon Musk and his involvement in the recently formed Department of Government Efficiency in the US.
READ MORE : http://www.euronews.com/2025/04/23/extinction-rebellion-stages-earth-day-protest-outside-tesla-showroom
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Credit: euronews (in English) Duration: 01:00Published
Musk vows to step back from DOGE job and put more time into Tesla
Elon Musk says he’ll be spending less time in Washington slashing government costs and more time running Tesla after his electric vehicle company reported a big drop in profits.
READ MORE : http://www.euronews.com/2025/04/23/musk-vows-to-step-back-from-doge-job-and-put-more-time-into-tesla
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Credit: euronews (in English) Duration: 01:10Published
In a shocking move, Moldovan authorities have blocked Bishop Marchel of the Moldovan Orthodox Church from traveling to Jerusalem for the sacred Holy Fire ceremony, a pivotal moment for Orthodox Christians. Despite having all legal documents in order, Bishop Marchel and his fellow clerics were detained, searched multiple times, and stripped of their passports, missing the flight to Jerusalem. The move has sparked international outrage, with critics calling it politically motivated and a direct attack on religious freedom. The Russian Orthodox Church and lawmakers have condemned Moldova’s actions, while human rights organizations demand accountability. This unprecedented interference raises serious questions about the state of religious rights in Moldova.
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The US Treasury has announced it has signed a minerals deal with Ukraine and has agreed to establish an America-Ukraine reconstruction investment fund. Sky News
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Elizabeth Warren Announces , Senate Reelection Campaign.
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