US Senator Manchin Urges Industry to Sue Treasury over EV Tax Credits

Reported 4 months ago

US Senator Joe Manchin is encouraging American manufacturers to sue the Treasury Department over the local content rules for obtaining clean energy tax credits. Manchin criticized the Treasury's implementation of the Inflation Reduction Act, arguing that the content rules have been watered down, harming US companies. He threatened legal action and urged companies to sue, claiming they would win. Manchin, known for his opposition to the Biden administration, has recently registered as an independent due to what he perceives as partisan extremism in both major parties.

Source: YAHOO

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