News & Analysis as of

Motor Vehicles Manufacturers Tax Credits

Perkins Coie

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

Perkins Coie on

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

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

Morgan Lewis

The Ambitious Federal Plan to Support Electric Vehicles

Morgan Lewis on

Since President Biden took office, companies have invested nearly $85 billion in the manufacturing of electric vehicles (EVs), batteries, and EV chargers in the United States. This is triple the investment made in domestic EV...more

Eversheds Sutherland (US) LLP

Electric vehicle incentives in Georgia

With interest and investment in electric vehicle (EV) technology increasing steadily, it is important for OEMs, suppliers, dealers, and consumers to be aware of federal and state incentives that may subsidize their particular...more

Foley & Lardner LLP

Electric Vehicles Continue to Roll Off The Assembly Line Even With Speedbumps Along The Way

Foley & Lardner LLP on

As consumers continue to display a growing appetite for the electric vehicle compared to their fossil fuel counterparts, manufacturers are starting to take notice. In 2021 alone, major OEMs and new-market entrants are...more

Foley & Lardner LLP

Driving the Future of Automotive Technology

Foley & Lardner LLP on

Powering the future is now! Electric vehicles (EVs) and self-driving cars (AVs) are two of the most innovative technologies in the history of the automotive industry....more

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