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Inflation Reduction Act

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Inflation Reduction Act

New Battery Rules Leave Only 18 Electric Cars Eligible For Federal Tax Credits

Under the new rules, automakers need to prove at least half of a vehicle's battery components are produced in North America and 40 percent of battery raw materials are sourced from the U.S. or a country with which the U.S. has a free trade agreement.
By Sissi Cao
Tesla Model X Plaid

Tesla Cuts Prices For Its High-End Model S and Model X Vehicles

Tesla has lowered the prices of Model S by 5 percent and Model X by 10 percent in a new round of price cuts to boost demand.
By Sissi Cao
Tesla Model Y

Popular Tesla Models Are Not Eligible For Biden’s New Electric Vehicle Tax Credits

Tesla cars excluded from federal tax credits include some Model 3 variations, most Model Y, and all of Model S and Model X. 
By Sissi Cao

Behind Biden’s Policies Is a Sea Change in How Economists Think

By Michael Tomasky
The assembly line at Tesla California plant.

Biden’s Climate Bill Is Accelerating the Pace of Electric Vehicle Makers Relocating to North America

By Sissi Cao

Biden’s New Bill Envisions EVs Made in the US, But it Doesn’t Solve China’s Control Over the Raw Materials for Batteries

By Sissi Cao

The 20 Electric Cars That Still Qualify For Federal Tax Credits in 2022

By Sissi Cao

Biden’s Climate Bill Could Be a Boon for Electric Carmakers—But It Doesn’t Include Tesla

By Sissi Cao
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