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Business Matters: US cuts tension over electric vehicles

US cuts tension over electric vehicles

01/04/2023 GMT

BBC World Service - Business Matters, US cuts tension over electric vehicles

Biden cuts tension with new tax credit guidance for its electric vehicles and batteries.

Washington rebalances its new tax credits for electric cars and batteries bringing relief to the green economics of Europe and Japan

Under the new US guidance carmakers are able to partake in a subsidy for electric vehicle purchases if it meets a threshold set by the US government for sourcing and processing components. 

Did Google use its dominant position with online adverts at the expense of publishers' revenue? As that is the case being brought against the tech giant and it's for over $4 billion. We get the latest from a technology reporter in the US. 

Going to college is an expensive business - especially in the US. A recent poll found that over half of Americans don’t think a college degree is worth the cost. We hear from an NYU graduate who is currently applying for grad school.

(Picture: Woman plugging the charging cable into her electric car: Getty Images.)

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