Rules Would Bar EV Tax Credits if Batteries, Minerals Linked to China

FILE - This photo taken March 12, 2021, shows a worker with car batteries at a factory for Xinwangda Electric Vehicle Battery Co. Ltd., which makes lithium batteries for electric cars and other uses, in Nanjing, Jiangsu province, China.

The U.S. proposed new guidelines Friday spelling out which electric vehicles will be eligible for tax credits, ruling out those that contain batteries or minerals sourced from China and other nations that have fallen out of favor with the U.S.