Zhou Xin: In the United States, one bill has three “pits”


2022-10-07: [Chinese Article Link] Source: Global Times-Global Network. The recent signing by the President of the United States, Biden, of the Inflation Reduction Act 2022 (hereinafter referred to as “the Act”), makes it clear that the tax credit provided for in the Act will only be available for the purchase of electric vehicles assembled


Note: This is a machine translated version of the Chinese news media article. A mature and nuanced reading is suggested.


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Zhou Xin: In the United States, one bill has three “pits”


2022-10-07: [Article Link] Source: Global Times-Global Network. The recent signing by the President of the United States, Biden, of the Inflation Reduction Act 2022 (hereinafter referred to as “the Act”), makes it clear that the tax credit provided for in the Act will only be available for the purchase of electric vehicles assembled

Note: This is a translated version of the Chinese news media article. A mature and nuanced reading is suggested.

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