Manchin Floats Bill To Immediately Impose EV Tax Credit Battery Limits

Senate energy committee Chairman Joe Manchin (D-WV) is floating legislation that would immediately impose battery sourcing requirements for consumer electric vehicle (EV) tax credits, though some observers say the measure aimed at limiting eligibility for the credits faces long odds. Manchin on Jan. 25 introduced the bill that would require vehicles receiving the full $7,500 tax credit to comply with the Inflation Reduction Act’s (IRA) battery sourcing requirements as of Jan. 1. Because the IRA linked the criteria to Treasury’s...