US to Tighten up EV Tax Credit to Limit Chinese Firms and Ba…

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BEIJING, December 5 (TMTPost)— The U.S. government is going to impose new limits on electic vechile (EV) tax credits, which is deemed as a new curb targeting Chinese firms.Credit：Visual ChinaThe U.S. Department of Energy (DOE) proposed interpretive rule and request for public comment on its interpretation of the statutory definition of “foreign entity of concern” (FEOC) in the Infrastructu