The big missing piece of the EV tax credit guidance

The Treasury Department has delayed issuing guidance on the “foreign entity of concern” provision in the Inflation Reduction Act’s electric vehicle tax credits, which left companies uncertain about who they can partner with in the race to build a domestic EV industry. POLITICO’s James Bikales breaks down the goal of that provision, why Treasury delayed releasing the guidance, and how industry and lawmakers are reacting. Plus, the White House has proposed regulatory review changes that would benefit climate regulations.   James Bikales is the host of Morning Energy and a reporter for POLITICO.  Josh Siegel is an energy reporter for POLITICO.  Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department.