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DLA Piper

Industrials Regulatory News and Trends - August 2024

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Welcome to Industrials Regulatory News and Trends. In this regular bulletin, DLA Piper lawyers provide concise updates on key developments in the industrials sector to help you navigate the ever-changing business, legal, and...more

Bennett Jones LLP

Canada Announces 30-Day Consultation on Measures to Address China's Trade Practices Related to Electric Vehicles

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On July 2, 2024, Canada will initiate a 30-day consultation period on potential policy responses to China’s rapid rise as the world’s largest manufacturer of electric vehicles (EVs). Canada alleges that unfair trade practices...more

Proskauer - Trade Secrets

The Critical Role of Trade Secrets in the Booming EV Industry

Electric car sales in 2023 were 3.5 million higher than in 2022, a 35% increase in one year. The rise in demand for electric vehicles (“EVs”) has prompted many companies to enter the EV battery space. Given the rapid...more

Venable LLP

Biden Administration Imposes Tariffs on Electric Vehicles, Key EV Components from the People’s Republic of China

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On May 14, 2024, President Biden announced that the United States will apply Section 301 tariffs on an estimated $18 billion worth of goods, including a 100% tariff on all electric vehicles (EVs) from China. The new measure...more

Dickinson Wright

Plugged In: An EV Newsletter Vol. 2, No. 5

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Editor’s Note - Welcome to the May 2024 edition of Plugged In!  This month, we delve into the nuanced developments shaping the future of EVs, from strategic challenges to investment trends....more

Baker Donelson

Final Regulations on Tax Credits for Electric Vehicles: No Time to Relax

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The Treasury finalized regulations for the Clean Vehicle Credit under I.R.C. Section 30D. These regulations are effective July 5, 2024. The Section 30D credit, up to $7,500, applies to new electric or fuel cell vehicles...more

Foley & Lardner LLP

Foley Automotive Update - May 2024 - 2

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This update helps automotive suppliers inform their legal and operational decisions to help address challenges and opportunities. Key Developments - Foley & Lardner and MEMA Original Equipment Suppliers will host a...more

Sheppard Mullin Richter & Hampton LLP

The Sky’s the Limit – Yet More Section 301 Tariffs on China

The White House at 5 am Tuesday morning in DC released its decision on the new section 301 tariffs. There is a 100% tariff on Chinese EVs effective this year (which is in addition to the usual 2.5% import duty on cars)....more

Katten Muchin Rosenman LLP

US Treasury Releases Final Regulations for $7,500 EV Tax Credit, Maintains Exclusions for Foreign Entities of Concern

On May 3, the US Treasury Department (Treasury) released final regulations under Section 30D of the Internal Revenue Code. The Section 30D regulations provide guidance for the up to $7,500 electric vehicle (EV) tax credit...more

Dickinson Wright

Plugged In: An EV Newsletter Vol. 2, No. 3

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Editor’s Note - In this edition of Plugged In, we invite you to dive into the intricate web of global supply chains and their profound implications for national security and economic resilience. This issue includes the...more

Katten Muchin Rosenman LLP

Updates on EV Tax Credits

Over the past several months the US Treasury Department (Treasury) and the Internal Revenue Service (IRS) have been busy issuing regulations and administrative guidance with respect to Section 30D (New Clean Vehicle Tax...more

Dickinson Wright

Plugged In: An EV Newsletter Vol. 2, No. 2

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Editor’s Note - Dear Readers, Our collaboration with guest authors continues to ramp up, this time with an author from half way around the world! Welcome to yet another enthralling edition of Plugged-In, where we hear from...more

Foley & Lardner LLP

Foley Automotive Update - February 2024

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This update helps automotive suppliers inform their legal and operational decisions to help address challenges and opportunities. Key Developments - U.S. new light-vehicle sales reached a SAAR of 15 million units in...more

Beveridge & Diamond PC

New Jersey Adopts EPR for EV and Hybrid Car Batteries

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Add electric and hybrid vehicle batteries to the growing list of products subject to extended producer responsibility (EPR) mandates. On January 8, 2024, New Jersey enacted the Electric and Hybrid Vehicle Battery Management...more

Eversheds Sutherland (US) LLP

DOE, Treasury and IRS issue guidance regarding foreign entity of concern for section 30D tax credit eligibility

On December 4, 2023, the Department of Energy (DOE), Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) published related proposed guidance on the eligibility of an electric vehicle for the section...more

Mayer Brown

A sustainable automotive sector in the United Kingdom – FAQs on the new UK Battery Strategy

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What is the new UK Battery Strategy and why is it important to the automotive sector? On 26 November 2023, the UK Government Department for Business and Trade published the UK Battery Strategy (the "Battery Strategy"),...more

Foley & Lardner LLP

Foley Automotive Update - November 2023 - 2

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This update helps automotive suppliers inform their legal and operational decisions to help address challenges and opportunities. Key Developments - Labor negotiations between the UAW and Detroit Three automakers...more

Foley & Lardner LLP

Foley Automotive Update - August 2023 - 2

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This update helps automotive suppliers inform their legal and operational decisions to help address challenges and opportunities. Key Developments - Foley & Lardner will host a half-day Automotive Forum on Wednesday,...more

Foley & Lardner LLP

Foley Automotive Update - July 2023 - 2

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This update helps automotive suppliers inform their legal and operational decisions to help address challenges and opportunities - Key Developments - Foley & Lardner partner Vanessa Miller is quoted in the Law360...more

Foley & Lardner LLP

Electrified Industrial Policy: IRS Proposed Regulations on Section 30D EV Tax Credits & EV Manufacturing Grants

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The Inflation Reduction Act of 2022 (the “IRA”) and the Infrastructure Investment and Jobs Act of 2021 (the “IIJA”) set in motion an ongoing series of changes that are aimed at transforming, among other things, the automotive...more

Sheppard Mullin Richter & Hampton LLP

Tax Credits for Electric Vehicle Batteries Under the Inflation Reduction Act: Free Trade Agreement Edition

On March 31, 2023, the U.S. Department of Treasury and Internal Revenue Service (IRS) released proposed guidance clarifying how manufacturers may meet the critical minerals and battery sourcing requirements for the clean...more

Holland & Knight LLP

Treasury Department, IRS Release Clean Vehicle Tax Guidance

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The U.S. Department of the Treasury and IRS have released several pieces of guidance regarding the tax incentives for clean vehicles provided under Sections 30D (new clean vehicle credit), 25E (previously owned vehicle...more

Katten Muchin Rosenman LLP

Treasury and IRS Release Proposed Regulations on Consumer Electric Vehicle Tax Credits

On March 31, the Treasury Department and the Internal Revenue Service (IRS) released proposed regulations under Section 30D of the Internal Revenue Code (Code), focusing primarily on the critical mineral and battery component...more

Brownstein Hyatt Farber Schreck

Treasury Department and IRS Solicit Industry Feedback on Proposed EV Tax Credit Regulations

On March 31, 2023, the Treasury Department and Internal Revenue Service (IRS) issued proposed regulations implementing the section 30D clean-vehicle tax credit enacted as part of the Inflation Reduction Act (IRA). The...more

Morgan Lewis - Power & Pipes

Electric Vehicle Manufacturers: Treasury Proposes Critical Mineral, Battery Component Requirements for Tax Credits

The US Department of Treasury issued its long-awaited proposed guidance on March 31, 2023 to implement the critical mineral and battery component watershed requirements of the Inflation Reduction Act (IRA), which...more

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