Southern West Virginia News

Washington D.C. – Congresswoman Carol Miller (R-WV) introduced the End Chinese Dominance of Electric Vehicles in America Act of 2024. The legislation aims to tighten the Foreign Entity of Concern (FEOC) definition for the 30D electric vehicle (EV) tax credit and prohibit Chinese companies from accessing U.S. tax dollars.

"China, or any adversary for that matter, should not have any access to American tax credits. Narrowing the definition of the Foreign Entity of Concern expands opportunities for American manufacturing while protecting our resources and our people. The Biden Administration’s dedication to the Chinese Communist Party embarrasses the United States, and Congress must lead when Joe Biden refuses to. The End Chinese Dominance of Electric Vehicles in America Act will close key loopholes in Treasury's EV credit guidance to ensure American tax dollars are kept here at home, and not in the pockets of our strategic adversaries,” said Congresswoman Miller.

The bill specifically targets loopholes that could allow Chinese entities to benefit from American tax dollars through the EV tax credit. It closes the 'Billionaire Loophole' and the 'Chinese Manufacturing Loophole', preventing wealthy Chinese business owners from directly receiving American tax dollars and stopping China from leveraging its battery supply chain dominance to access the 30D credit.

This legislation is part of Congresswoman Miller's ongoing efforts to safeguard American advanced manufacturing and ensure that countries seeking to undermine the United States, such as China, do not benefit from American tax credits.