Gabrielle Coppola

EV sales grew 12% in the fourth quarter of 2024, pushing the full-year total to a record 1.3 million.

The guidelines set a 25% ownership threshold for a company or group to be classified as a foreign entity of concern.

The Treasury released partial guidance on supply-chain requirements that lets some vehicles qualify — but it hasn't yet clarified how to classify so-called foreign entities of concern.

Elon Musk is getting more firepower for his electric-vehicle price war thanks to tax credits in the president's signature climate legislation.

Automakers have been waiting for the U.S. Treasury Department to help them figure out which of their cars are eligible for lucrative electric-vehicle tax credits. The Treasury's response: Keep waiting.

The Biden administration's requirements for electric vehicle tax credits will reduce the number of models eligible for incentives until tens of billions of new investment in U.S. manufacturing by automakers and suppliers kick in.

The West Virginia senator ramped up criticism over an upcoming interpretation of content rules for electric vehicle tax credits, which he suspects will be too broad and generous to foreign suppliers.

The auto world will know by Friday where the Biden administration stands on some of the toughest policy questions surrounding the U.S. transition to electric vehicles.

GM is pushing the Treasury to change the definition of a sport utility vehicle and expand how many buyers can get electric-vehicle tax credits.

Senator Joe Manchin is pressing Treasury Secretary Janet Yellen to stand firm on North American-based manufacturing requirements for lucrative electric-vehicle tax credits.

Hyundai Motor Co. and the South Korean government are ratcheting up lobbying to loosen restrictions that Senator Joe Manchin fought to include in this year's U.S. climate law.

For EVs to qualify, their batteries will need to contain minerals extracted from or processed in a country the U.S. has a free trade agreement with, and a portion of components to be manufactured or assembled in North America.