U.S. Will Look Into How Inflation Reduction Act Hurts South Korean Carmakers | Carscoops carscoops
The United States will look into how the Inflation Reduction Act will impact South Korean car manufacturers by making their EVs no longer eligible for federal tax credits.
“ said will take a detailed look at how the EV subsidy issue will pan out going forward, and what impact it will have,” Kim Sung-han told the “President Yoon said that our businesses in the battery and other advanced industry sectors are expanding in Arizona and across the United States and increasing investments, and asked for the interest and support of the U.S. federal government and the state government for these firms,” the presidential office confirmed.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inflation Reduction Act To Give U.S. Solar Energy Industry A Much Needed BoostThe U.S. solar energy industry has grown tremendously in the past decade. That growth has actually been one of the most phenomenal economic growth stories across the whole U.S. economy. However, the 'Covid Era' hit
Read more »
Biden has a $369 billion climate plan — and new advisers to get the program runningPresident Biden has brought one of Washington's most experienced political hands into the White House to help implement the climate provisions in the Inflation Reduction Act.
Read more »
Biden has a $369 billion climate plan — and new advisers to get the program runningPresident Biden has brought one of Washington's most experienced political hands into the White House to help implement the climate provisions in the Inflation Reduction Act.
Read more »
Ready to buy an electric vehicle? What to know about the new tax breaksSubstantial new tax breaks for consumers seeking to buy an electric car or truck are included in the recently enacted Inflation Reduction Act.
Read more »
2025 Kia Stinger EV: We Envision An All-Electric Replacement For The Korean Driver's Car | CarscoopsKia's big sports sedan, the Stinger, is approaching the end of the road, but what if the Korean maker created a new electric version?
Read more »