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.
Related
Legal Tech Roundup: US Legal Support, Epona – Law360 Pulse
By Steven Lerner · January 17, 2025, 2:21 PM EST
Tech founder pledges to give away half his wealth to…
Unfair. Astonishing. Un-American. That is how tech entrepreneur Jeff Atwood sees the staggering wealth inequality in the U.S. today.
With TikTok ban set, American tech giants can monopolise social…
Published on January 18, 2025 TikTok’s social media rivals are set to pounce
Looming TikTok ban could have consequences far beyond just the…
Supreme Court upholds impending TikTok banThe Supreme Court upheld a rule requiring TikTok to divest from its parent company due to national security concerns.T
