News & Analysis as of

Biden Administration Tax Credits 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

BakerHostetler

Regulating Automotive Emissions:Part III - The Future of the Electric Vehicle Industry

BakerHostetler on

Under President Joe Biden’s Administration, multiple programs were created to invest in the necessary infrastructure and to support private development of the electric vehicle industry. Given the anticipated shift away from...more

Foley Hoag LLP - Energy & Climate Counsel

EV Roundup - June 2024

Since our last quarterly EV Roundup, the Biden Administration has continued to increase investment in EV infrastructure across the United States and support tax credits for the domestic EV industry in its efforts for EVs to...more

Morrison & Foerster LLP

The Foreign Corruption Risks of Electric Vehicle Production

The Biden-Harris administration has been keenly focused on mitigating climate risk, which has resulted in several executive and legislative actions promoting the use of electric vehicles (EVs), with a stated goal of having...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

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

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

Clark Hill PLC

Clark Hill 2022 Automotive & Manufacturing Industry Outlook: EV Infrastructure And Government Relations

Clark Hill PLC on

Increasing electric vehicle adoption has been a priority for the Biden administration. Early in his presidency, President Joe Biden set a goal of 50% of new vehicle sales be electric by 2030. The American Jobs Plan did not...more

Morgan Lewis - Power & Pipes

President Biden Reiterates Commitment to Deploying Electric Vehicles in Domestic Markets

US President Joseph Biden signed an executive order on August 5 that underscores his stated commitment to encourage the development and deployment of electric vehicles (EVs) as part of the Biden-Harris administration’s clean...more

Eversheds Sutherland (US) LLP

Electric vehicle incentives - federal

With interest and investment in electric vehicle (EV) technology increasing steadily, it is important for original equipment manufacturers, suppliers, dealers, and consumers to be aware of federal and state incentives...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

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