Skip to main content

New EV Rebate Differences Could Overshadow Meeting Between Biden, South Korean President

As the race to complete electrification speeds up, U.S. authorities have become increasingly uncomfortable with America’s reliance on foreign nations in the nascent EV sector. Although American company Tesla was and still is the most dominant entity in the global EV market, a significant percentage of the electric cars on American roads are from overseas carmakers. Furthermore, the country’s electric vehicle battery production capacity pales in comparison to Asian countries such as China.

As such, the Biden administration recently passed a law that would, among other things, bolster America’s budding electric vehicle industry by providing up to $7,500 in tax credits for EV purchases. However, the catch was that these EVs had to be American made to qualify for the tax credits. South Korea, which is…

Read More>>

About Green Car Stocks

Green Car Stocks (GCS) is a specialized communications platform with a focus on electric vehicles (EV), as well as other emerging market opportunities in the green sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, GCS is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, GCS brings its clients unparalleled visibility, recognition and brand awareness. GCS is where news, content and information converge.

To receive SMS text alerts from Green Car Stocks, text “Green” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit

Please see full terms of use and disclaimers on the Green Car Stocks website applicable to all content provided by GCS, wherever published or re-published:

Green Car Stocks
Los Angeles, CA
415.949.5050 Office

Green Car Stocks is part of the InvestorBrandNetwork.

Data & News supplied by
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.