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Breakingviews - Anti-Beijing bandwagon sideswipes Biden's EV push - Reuters

Reuters · last updated

WASHINGTON, Aug 16 (Reuters Breakingviews) — Electric vehicles are getting pushed out of the U.S. priority lane. A $430 billion climate plan President Joe Biden is due to sign today aims to incentivize consumers to buy cars that rely on cleaner energy. But eligibility for up to $7,500 in tax credits targets suppliers from China and other countries, undercutting environmental goals.

 

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