Valiant News Senator Joe Manchin, a Democrat from West Virginia, has delivered a critical assessment of the Biden administration’s policies on electric vehicles (EV). The senator took issue with recent federal guidance that he argues enables Chinese companies to benefit from taxpayer-funded EV tax credits.
Manchin, the chairman of the Senate Energy and Natural Resources Committee, asserted that the new guidelines contradict the spirit of the 2022 Inflation Reduction Act (IRA), legislation which he authored. He pledged to not only introduce legislation aimed at overturning the guidance but also support any legal challenge against it.
The Treasury Department’s guidance potentially allows Chinese firms to continue supplying EV battery parts and materials to EVs qualified for credit. Manchin expressed his dissatisfaction with this development, stating, “The United States has never had to rely on foreign adversaries to build our cars and trucks.”
Under the IRA, EVs are not eligible for a $7,500 federal […]
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