“If it goes off the rails” and violates the intent of the climate legislation approved in August, “I will do whatever I can – if that means going to court and I can do it, I’d do it,” said Manchin, a Democrat.
Manchin said he is most concerned about how Treasury will classify processing and manufacturing in determining eligibility for $7,500 EV tax credits. Manchin, who has often pushed fossil fuel industry interests in Congress, says he is trying to move the EV battery supply chain from China. His political opponents say he doesn’t like the EV industry.
“Manufacturing is meant to bring manufacturing back to the United States. It’s not basically allowing everyone to put all the parts and build everything you can for that battery somewhere else and then send it here for assembly,” Manchin told reporters.
Reuters reported earlier the Treasury battery sourcing rules for electric vehicle tax credits, due out by Friday, will result in fewer…
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