Biden Admin Bows Slightly to European Pressure In Trade Clash

30 Dec 2022 | Abstracted from Politico

"...in a new “white paper”...indicated it would adopt an expansive definition of which countries have a 'free trade agreement' with the United States. That could help some overseas automakers qualify for at least a portion of the credit that favors U.S. manufactured vehicles.

"The EU...has been concerned the EV tax credit will siphon investment away from Europe in favor of the US. South Korea has an opposite concern."

ADDITIONAL RELATED NEWS LINKS

• Volvo And CATL Have Big Plans For Old EV Batteries


• Plastics Industry Heats World 4 Times As Much As Air Travel, Report Finds


• How Design-Savvy Electric Boats Are Shaping the Future of Yachting


• How An Obscure Energy Calculation Could Dramatically Speed Up America's EV Future


• The Future of Urban Transportation: A Closer Look at Denmark's iEV Z Vehicle


• Telefonica Deutschland M2M SIM Card to Help Manage Hochtief's EV Charging Network Across Germany


• Car Companies Have Been Screwing Up E-Bikes For Longer Than You Think


• Hydrogen Prototypes To Run On Track In Le Mans Build Up


• Germany's Thyssenkrupp Launches Fourth-Generation Fuel Cell System


• America's 'In The Slow Lane' On EV Adoption Because It Has A Culture Problem, Study Says