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Foley & Lardner LLP

Foley Automotive Update - November 2024

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Foley & Lardner will provide podcast commentary on key trends impacting the automotive supply industry as part of the firm’s participation in the MEMA Original Equipment Suppliers Annual Conference on November 12-13, 2024...more

Foley Hoag LLP - Energy & Climate Counsel

Battery Technologies: Where Are We Now, and Where Are We Going?

Achieving climate goals will require significant capital investment into the development and scaling of improved battery technologies. The Inflation Reduction Act (IRA), enacted in August 2022, allocated billions of dollars...more

Kilpatrick

U.S. Government Clarifies that Chinese, Russian, North Korean, and Iranian Batteries Do Not Qualify for Clean Vehicle Tax Credits

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Just this month, the U.S. Government clarified that all vehicles sold with batteries manufactured in or made of critical minerals mined from China, Russia, North Korea, and Iran will be excluded from the $7,500 Section 30D...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

Perkins Coie

IRS Clean Vehicle Tax Credit Rule Adds Hurdles for Domestic Electric Vehicle Manufacturing

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The Internal Revenue Service (IRS) published a final rule on May 6, 2024, defining eligibility requirements for the clean vehicle credit under Section 30D of the Internal Revenue Code, enacted by the Inflation Reduction Act...more

Sheppard Mullin Richter & Hampton LLP

Should You Be Concerned About Foreign Entities of Concern?

Grants and tax credits, who doesn’t love them? The Bipartisan Infrastructure Law (BIL) is full of them, and, recent Department of Energy (DOE) Notification of a Proposed Interpretive Rule provides guidance on who will get to...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

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 - 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

Mintz - Energy & Sustainability Viewpoints

ML Strategies Energy & Sustainability Washington Update - June 2022

A soft target for negotiating a smaller version of the Build Back Better Act (BBB) climate and social legislation by Memorial Day has passed with no resolution, although neither the White House nor Senate Democratic...more

Foley & Lardner LLP

DOE Announces Over $3 Billion in Funding Opportunities to Support U.S. Battery Supply Chain Buildout

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On May 2, 2022, The U.S. Department of Energy (“DOE) issued through its Office of Manufacturing and Energy Supply Chains (“MESC”) and Office of Energy Efficiency and Renewable Energy (“EERE”) Funding Opportunity Announcement...more

King & Spalding

U.S. Department of Energy Releases Report on Securing America’s Clean Energy Supply Chain

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DEPARTMENT OF ENERGY PROPOSES SEVERAL POLICY ACTIONS TO OVERCOME ENERGY SUPPLY CHAIN CHALLENGES AND TRANSITION TO CLEAN ENERGY - This is the second in a series of client alerts that will be published in the near future...more

Morgan Lewis - Power & Pipes

Biden Invokes Defense Production Act to Secure EV Battery Supply Chain

US President Joseph Biden issued a directive to the secretary of defense on March 31, invoking the Defense Production Act (DPA) to spur the domestic production of critical minerals needed to produce large-capacity batteries...more

Allen Matkins

Sustainable Development Update - May 2017 #4

Allen Matkins on

Sustainable Development Focus - Better Buildings Challenge partners save $1.9 billion - Proud Green Building - May 16 - According to a new report, some 345 leading public and private sector organizations in the...more

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