Centrist Democrat Sen. Joe Manchin (W.Va.) is blasting the Biden administration’s new interpretation of which vehicles can qualify for electric vehicle tax credits — saying it gives too much leeway for batteries containing Chinese materials. “The Administration has made clear from Day 1 of implementing the consumer electric vehicle tax credit in the Inflation Reduction…
According to Kelly Blue Book, the cost to manufacture an electric vehicle (EV) is currently $56,437. An EV is two to eighteen times more expensive than a reliable, combustion engine vehicle. The [.]