The U.S. government has loosened some rules governing electric vehicle tax credits a bit, potentially making more EVs eligible for credits of up to $7,500. The Treasury Department announced final regulations for the credits under the 2022 Inflation Reduction Act on Friday, giving automakers more time to comply with some provisions about where battery minerals can come from. This year the credits are available at the time a vehicle is purchased from an authorized dealer rather than waiting for an income tax refund.
DNA testing is needed to identify the person, officials said.
The busiest two weeks of first quarter earnings season are over. Here are the most significant reports.