Manchin Says He Doesn’t Support Bonus EV Battery Tax Credit

Democratic Senator Joe Manchin says he doesn’t support a proposal to boost a tax credit for electric vehicles that use batteries that are manufactured domestically.

• “Made in America and all of the resources that go into that battery is a different story,” Manchin says during a Senate hearing on critical minerals
• NOTE: Democrats have proposed increasing consumer tax credit for the purchase of electric vehicles to as much as $12,500 per vehicle including the addition of a $500 tax credit for vehicles that use domestically manufactured batteries
• NOTE: Manchin said couldn’t support a domestic battery credit unless the materials were ...