Warnock presses Treasury to ensure ‘maximum flexibility’ for EV tax credits
Sen. Raphael Warnock (D-GA) is calling on the Treasury Department to ensure as many manufacturers as possible can take advantage of a new tax credit for North American-made electric vehicles that has been sparking concern among trading partners and foreign automakers with facilities in the U.S. “I urge you to offer maximum flexibility for vehicle manufacturers and consumers to take full advantage of the electric vehicle (EV) tax credits available under the law,” Warnock wrote in a Sept. 23 letter...