News Snapshot:
This story is part of CNET Zero, a series that chronicles the impact of climate change and explores what's being done about the problem. The US Treasury Department on Friday issued long-awaited guidance on battery production and mineral sourcing requirements for vehicles qualifying for the EV tax credit. Also known as the Clean Vehicle Federal Tax Credit, this tax break worth up to $7,500 was revamped by the Inflation Reduction Act of 2022, which added income caps, price limits and other stipulations. Most took effect in January, but final details about battery components and "critical minerals" had yet to be...
