On June 28, 2023, MESC issued a Funding Opportunity Announcement relating to Domestic Manufacturing Conversion Grants. As another outgrowth of the IRA, MESC is looking to encourage domestic manufacturing capacity through $2 billion in grants.
Electrified Industrial Policy: IRS Proposed Regulations on Section 30D EV Tax Credits & EV Manufacturing Grants | Foley & Lardner LLP jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
The Society of Automotive Analysts (SAA) and Foley & Lardner welcomed dozens of thought leaders to Detroit for a discussion and reception on issues affecting the resiliency of the.
IRS Guidance on changes to Plug In Electric Drive Vehicle Credit under Section 30D of Internal Revenue Code, amended under Inflation Reduction Act. Good news for manufacturers and consumers, IRA amendment to EV Credit is the cap of 7,500.00 per vehicle has been eliminated.
The Internal Revenue Service (IRS) recently released guidance regarding the changes to the Plug-In Electric Drive Vehicle Credit (EV Credit) under Section 30D of the Internal Revenue.