News & Analysis as of

Biden Administration Inflation Reduction Act (IRA) Automotive Industry

Foley Hoag LLP - Energy & Climate Counsel

EV Roundup - March 2025

The electric vehicle (EV) industry is facing a mix of challenges and opportunities as the Trump Administration’s recent policies and tariff announcements take effect in the market. In its first three months, the Trump...more

Jones Day

New Guidance on the Commercial EV Tax Credit

Jones Day on

In one of their final sets of guidance under President Biden, the Department of Treasury and the IRS released proposed regulations for the tax credit under Section 45W, which is available for purchasing electric vehicles for...more

Dickinson Wright

USTR to Take Further Actions on China 301 Tariffs

Dickinson Wright on

And just like that, the Biden Administration has reengaged in the China Tariff War. With yesterday's announcement of significant tariff increases in key sectors, the Administration is putting special attention on protecting...more

McDermott Will & Schulte

Biden-Harris Administration’s Proposed Vehicle Pollution Standards Will Spur EV Adoption, Cut Nearly 10 Billion Tons of Co2...

As part of its push to transition the American automotive industry to electric vehicles (EVs), the Biden-Harris administration has proposed two new vehicle pollution standards. The first rule targets greenhouse emissions from...more

Hogan Lovells

New rules for electric vehicles tax credits raise concerns under U.S. international obligations

Hogan Lovells on

The Inflation Reduction Act (IRA) was signed into law by President Biden on August 16, 2022. The IRA made major changes to United States rules for electric vehicle (EV) tax credits. The IRA and its implications for...more

Hogan Lovells

The IRA’s electric vehicle and battery credits: More complexity and more benefit for US manufacturing

Hogan Lovells on

The Inflation Reduction Act (IRA) includes a significant expansion of U.S. electric vehicle (EV) tax credits.  In contrast to the IRA’s extensions of other preexisting clean energy tax incentives, the IRA’s consumer EV tax...more

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