Tag: treasury department
New Treasury rule proposes tax credits to boost EV charger installations...
On Wednesday, the U.S. Treasury Department proposed a new rule that could provide substantial tax credits for installing electric vehicle (EV) chargers. Under the...
GM and Treasury argue over EV tax credits for Cadillac Lyriq
The U.S. Treasury Department has refused to classify General Motor's electric Cadillac Lyriq as an SUV, a restriction which prohibits the vehicle from qualifying...
EV tax incentive delays could work in auto industry’s favor
The U.S. Treasury Department announced it would delay key pieces of its 2023 electric vehicle tax incentive guidelines until March.
Originally, the agency aimed to...