Manchin Criticizes Treasury’s Final Rule On Electric Vehicle Tax Credits

Sen. Joe Manchin (D-WV), Chairman of the U.S. Senate Energy and Natural Resources Committee, has slammed the U.S. Department of the Treasury’s final rule implementing the Inflation Reduction Act’s 30D Clean Vehicle Credit, arguing that it effectively endorses a “Made in China” approach.

In a statement released Wednesday, Manchin accused the Administration of breaking the law in pursuit of its goal to flood the market with electric vehicles as quickly as possible. He pointed out that the Treasury has cut critical mineral and component sourcing thresholds in half until 2027 and provided a long-term pathway for foreign adversaries like China, Russia, Iran and North Korea to remain in U.S. supply chains.

“The entire point of the Inflation Reduction Act was to provide American businesses the incentives they need to bring our energy and manufacturing supply chains back to the U.S., reduce our dependence on foreign adversaries and create good-paying American jobs,” Manchin said. “Instead of embracing those opportunities to benefit our country, the Administration is so desperate for Chinese EV components that they are blatantly breaking the law.”

Manchin vowed to lead a Congressional Review Act resolution of disapproval and support any entity negatively impacted by the illegal implementation of the law. The senator has been pressuring the Administration to implement the Inflation Reduction Act’s 30D credit as written, holding hearings, sending letters, and submitting comments on the proposed rulemaking.