Joe Biden and EU leader launch talks to ease rift on electrical vehicle taxes

Joe Biden and EU leader launch talks to ease rift on electrical vehicle taxes
In a potential boost for electric vehicles, President Joe Biden and European Commission President Ursula von der Leyen said on Friday they have agreed to open negotiations on the use of European minerals critical in the production of batteries for EVs that are eligible for US tax credits (Andrew Harnik/AP)

US President Joe Biden and European Commission President Ursula von der Leyen have agreed to open negotiations on the use of European minerals critical in the production of batteries for electric vehicles that are eligible for US tax credits, in a potential boost for EVs.

The two sides agreed to start talks on easing differences between the US and European Union over electric vehicle tax credits included in Mr Biden’s roughly 375 billion US dollar clean energy law that passed last year.

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