Treasury EV tax credit guidelines: What’s clarified, what’s missing

Even so, how Treasury decides to define and enforce the law’s foreign entity of concern provision “will make or break the national security benefits,” said Robbie Diamond, CEO of SAFE, a Washington-based energy security organization.

How strictly Treasury decides to implement the provision also could be a “red light” to broader vehicle eligibility, said Boylan, noting that the department might choose to lean on a proposed definition in the CHIPS and Science Act.

Under that…