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Report: Feds to formalize foreign entity rules for EV tax credit

The U.S. Treasury Department could issue clarifications on federal EV tax-credit eligibility rules as early as Friday, reports Transport Topics. Citing anonymous sources familiar with the matter, the report claims the federal government is ready to issue rules relating to its "foreign entities of concern" requirement. Specifically, vehicles with battery components or critical minerals from…

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As Questions Swirl Around Tesla’s Superchargers, the Race Is On to Fill the Power Gap

Familiar says Revel is less concerned about the material effects of the Tesla layoff than the “cultural impact, tacking onto pessimism around EVs recently.” New York City officials seem confident someone will fill in the Tesla-sized charging gap. City programs ensure “that any provider doing business in NYC has a reliable, growing customer base, and…

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