The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

Senator asks Treasury to bar Chinese battery firms, minerals from US EV tax credits

November 14, 2023
Source: devdiscourse.com devdiscourse.com
News Snapshot:
Democratic Senator Joe Manchin urged the U.S. Treasury on Monday to adopt the "strictest possible standards" to prevent Chinese-produced minerals or Chinese battery companies from winning electric vehicle tax credits. Manchin, who chairs the Senate Energy Committee, raised concerns in a letter to Treasury Secretary Janet Yellen about reports Chinese battery companies are actively pursuing business opportunities to take advantage of the credits, adding U.S. tax credits "cannot be allowed to be hijacked by adversaries engaging in mineral laundering." In 2022, Congress passed the Inflation Reduction Act barring $7,500 in future consumer EV tax credits if any battery components are...
GO TO ORIGINAL SOURCE →
China Tech Buzz Topics: auto | battery | Business | CATL | China | Chinese | clean energy | Congress | consumer | electric vehicle | embassy | energy | EV | Ford | inflation | international | investment | IT | language | law | license | lithium | manufacturer | Minerals | motor

Other News:

India may overtake China in share of global GDP in PPP terms by 2060

June 4, 2026
business-standard.com business-standard.com

Japanese robotics start-up seeks Indian partners to manufacture humanoid robots

June 4, 2026
thehindubusinessline.com thehindubusinessline.com

Creative Expression Takes Shape: ELEGOO Partners with emoji® – The Iconic Brand for a Special Co-Branded 3D Printer Centauri Carbon 2 Combo Edition

June 4, 2026
manilatimes.net manilatimes.net

Meeting Top Scholars to Safeguard Human Civilization: The Global Pioneering Path of Hu Jiaqi, Founder of The Humanitas Ark

June 4, 2026
manilatimes.net manilatimes.net

Gift Card Market Set to Reach US$ 2,220.6 Billion by 2033 Amid Digital Payment Growth | Persistence Market Research

June 4, 2026
prnewswire.co.uk prnewswire.co.uk

EU Parliament shields MEPs from Huawei corruption probe

June 4, 2026
thenextweb.com thenextweb.com

Europe wants to break free from Big Tech. It's easier said than done

June 4, 2026
firstpost.com firstpost.com

US Accelerates F-47 Sixth-Generation Fighter Program as China Pushes Ahead With J-36 and J-50

June 4, 2026
republicworld.com republicworld.com

AI Is Now The Leading Reason Cited For Layoffs-Tech Has Lost 123,000 Jobs This Year

June 4, 2026
forbes.com forbes.com
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2026 ChinaTechNews.com. A Service of Asia Media Network.