{"id":532070,"date":"2022-10-27T10:45:15","date_gmt":"2022-10-27T05:15:15","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=532070"},"modified":"2022-10-27T10:45:15","modified_gmt":"2022-10-27T05:15:15","slug":"us-eu-launch-formal-group-to-discuss-conflict-over-ev-subsidies","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/us-eu-launch-formal-group-to-discuss-conflict-over-ev-subsidies\/","title":{"rendered":"US, EU launch formal group to discuss conflict over EV subsidies"},"content":{"rendered":"<p>US and European Union officials will formally launch a task force next week to discuss new American laws that Europeans fear will discriminate against foreign electric car makers, according to a statement.<\/p>\n<p>The talks come as auto manufacturers from Stuttgart to Seoul have been angered by Biden&#8217;s $430 billion &#8220;Inflation Reduction Act&#8221;, enacted in August and aimed at rolling back climate change and making Washington a world leader in the electric vehicle (EV) market.<\/p>\n<p>Among the law&#8217;s provisions are requirements that EVs be assembled in North America to qualify for tax credits. The law also ends subsidies for other EV models and requires that a percentage of critical minerals used in those cars&#8217; batteries come from the United States or an American free-trade partner.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US and European Union officials will formally launch a task force next week to discuss new American laws that Europeans fear will discriminate against foreign electric car makers, according to a statement. The talks come as auto manufacturers from Stuttgart to Seoul have been angered by Biden&#8217;s $430 billion &#8220;Inflation Reduction Act&#8221;, enacted in August and aimed at rolling back climate change and making Washington a world leader in the electric vehicle (EV) market. Among the law&#8217;s provisions are requirements that EVs be assembled in North America to qualify for tax credits. The law also ends subsidies for other EV [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,246,137],"tags":[],"class_list":["post-532070","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/532070","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=532070"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/532070\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=532070"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=532070"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=532070"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}