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US House passes bill targeting China that would limit EV tax credits
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US House passes bill targeting China that would limit EV tax credits
Sep 13, 2024 12:38 PM

WASHINGTON, Sept 12 (Reuters) - The U.S. House of

Representatives narrowly voted Thursday to approve legislation

to tighten rules limiting Chinese content in vehicles qualifying

for U.S. electric vehicle tax credits.

The House voted 217 to 192 to approve the bill, which has

not been taken up by the Senate, to tighten the definition of

Chinese components that make vehicles ineligible for U.S. EV tax

credits. The Alliance for Automotive Innovation, which

represents General Motors ( GM ), Toyota Motor ( TM ),

Volkswagen and other car companies, said the bill

would result in fewer vehicles qualifying and would mean

aggressive rules on vehicle emissions and EV targets would need

to be rolled back.

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