Joe Manchin wants EV tax credit paused until 'loopholes' are closed
to voting for his party's Inflation Reduction Act was to include the requirement that minerals for electric vehicles be sourced in North America to limit its reach.he's"very reluctant" to hop on the EV train because"I don't want to have to be standing in line waiting for a battery for my vehicle because we're now dependent on a foreign supply chain — mostly China."those concerns in April, noting the issues he has with sourcing materials from foreign countries.
The Treasury has not commented on Manchin's request to pause the credits until it issues its official guidance on material sourcing, which means that some Americans who are looking to purchase an EV could qualify for a bigger tax credit until March. More information on the guidelines to qualify for that benefit
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