The bill H.R. 7980, titled the “End Chinese Dominance of Electric Vehicles in America Act of 2024,” aims to change the Internal Revenue Code to prevent vehicles from qualifying for clean vehicle tax credits if their batteries include components from prohibited foreign...
Simple Explanation
The bill is about making sure that cars don't get a special money bonus if their batteries have parts made by certain countries we don't trust, mainly so we don't rely too much on them and keep making our own stuff.