battery Chinese electric vehicle Janet Yellen Minerals Senate
Democratic Senator Joe Manchin urged the U.S. Treasury on Monday to adopt the “strictest possible standards” to prevent Chinese-produced minerals or Chinese battery companies from winning electric vehicle tax credits. Manchin, who chairs the Senate Energy Committee, raised concerns in a letter to Treasury Secretary Janet Yellen about reports Chinese battery companies are actively pursuing business opportunities to take advantage of the credits, adding U.S. Senator asks Treasury to bar Chinese battery firms, minerals from US EV tax credits comes via ChinaTechNews.com.
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