U.S. Senator Joe Manchin, a Democrat who chairs the chamber's energy panel, asked the Treasury Department on Tuesday not to allow a commercial electric vehicle tax credit to be used for consumer leasing, rental cars or ridesharing vehicle sales, rejecting a broad interpretation of the credit. Reuters first reported last week the push by South Korea and some automakers that asked the Treasury Department to allow use of the commercial electric vehicle tax credit to boost consumer EV access as well as for the purchase of ride share and rental car vehicles. The $430 billion U.S. Inflation Reduction Act (IRA) passed in August ended $7,500 consumer tax credits for electric vehicles assembled outside North America, angering South Korea, the European Union, Japan and others.
Some future versions of the Lucid Air and Gravity SUV may make their impressive range claims with U.S.-made batteries. On Tuesday, Lucid Group and Panasonic Energy Co. confirmed a multi-year agreement that will keep Lucid supplied as it ramps up the rest of the Lucid Air lineup in 2023 and starts production of the Gravity SUV in 2024. The... 
