US House votes to restrict tax credits for EVs with Chinese battery tech
The US House of Representatives passed a Republican bill restricting electric vehicle tax credits on Thursday that could jeopardise licensing deals between American car makers and Chinese EV battery companies.
All legislation that passes the House must also clear the full Democrat-led Senate before it can be sent to the president’s desk to be signed into law.
The bill passed 217-192, largely along partisan lines, with only seven Democrats supporting it.
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