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Joe Manchin and mining officials slam EV tax credit rule change, calling it a “blank check” to China

Author:FortunePublish:2024-05-06

Senator Joe Manchin blasted changes to rules governing EV tax credits which give automakers two more years to source graphite for batteries from China. New Biden administration rules loosening looming restrictions on federal electric vehicle tax credits are drawing the ire of China hawks and mining representatives, who claim the “outrageous and illegal” policy amounts to giving a “blank check” to China...

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