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Biden administration issues long-awaited EV tax credit FEOC guidance

On Friday, December 1, 2023, the U.S. Department of Energy (DOE) and U.S. Department of Treasury concurrently released long-anticipated proposals regarding the “Foreign Entity of Concern” (FEOC) exclusion—a key provision...more

The IRA’s electric vehicle and battery credits: More complexity and more benefit for US manufacturing

The Inflation Reduction Act (IRA) includes a significant expansion of U.S. electric vehicle (EV) tax credits.  In contrast to the IRA’s extensions of other preexisting clean energy tax incentives, the IRA’s consumer EV tax...more

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