[Mogger]

GOOD! if you are rich enough to buy an EV, you don't need your fellow taxpayers to help pay for it.

At least that would normally be the democrat view.

Typical democrat "thinking".

Make it impossible to mine the raw materials in the USA, then wonder why you don't mine the raw materials in the USA.

[Lockbox]

if you are rich enough to buy an EV, you don't need your fellow taxpayers to help pay for it.

There are a lot of problems in the country which need to be solved, helping rich people buy an EV cheaper is not one of them. Using hard working Americans’ tax money to help the country club crowd drive a nice new shiny EV to their golf game is not addressing the needs of the country. We should scream from the rooftops asking why Libs voted to help the rich buy a car while there are hungry children in this country!

[PGR88]

Automakers have been privately concerned about the proposal's requirements for vehicles' batteries and critical-mineral contents to be sourced from the United States.

The Manchin/Schumer ”Inflation Reduction Act“ keeps and extends the $7,500 tax credit on electric vehicles and removes the numerical cap but there are a number of stipulations related to obtaining the full credit, one of which is where the battery materials are made. To qualify for the credit, an increasing share of a vehicle’s battery minerals such as lithium and nickel must be extracted or processed in the United States or in a country with which the United States has a free-trade agreement, starting at 40 percent in 2023 and increasing to 80 percent in 2027. The other half of the credit will only be available for vehicles in which a majority of its battery components are made in North America, starting at 50 percent in 2023 and growing to 100 percent by 2029. The credit ends on December 31, 2032.

[Sequoyah101]

Similar to EU prohibiting the refining of battery components in the EU.