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US Explores Ways to Extend Subsidies to EU-Made EVs

The Biden government may permit companies in Europe to take part in United States tax subsidies in billions of dollars for electric vehicles if the two sides can reach a trade agreement in the coming weeks. According to a senior government official, this decision could help reduce a significant source of tension between the two continents.

The United States and the European Union have had weeks of discussions but haven’t yet agreed on ways to include European carmakers in such incentives. However, continuing negotiations…

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