Thursday, Oct 3 2024 | Time 23:32 Hrs(IST)
image
WorldPosted at: Dec 1 2023 8:58PM


US proposes rules to rein in Chinese influence

Washington, Dec 1 (UNI) The United States proposed rules on Friday to promote the domestic electric vehicle supply chain and rein in the influence of China and other non-allied countries in the burgeoning industry, according to a Treasury release.
"Today’s Notice of Proposed Rulemaking (NRPM) provides clarity and certainty around the IRA’s foreign entity of concern (FEOC) requirements. To strengthen the security of America’s supply chains, beginning in 2024, an eligible clean vehicle may not contain any battery components that are manufactured or assembled by a FEOC, and, beginning in 2025, an eligible clean vehicle may not contain any critical minerals that were extracted, processed, or recycled by a FEOC," the release stated.
According to a federal registry notice, the "covered nations" under the FEOC include China, Russia, North Korea, and Iran.
Please log in to get detailed story.
Tags: #US proposes rules to rein in Chinese influence
More News

Sri Lanka to hold local government elections following parliamentary election

03 Oct 2024 | 7:36 PM

Colombo, Oct 3 (UNI) The Election Commission of Sri Lanka announced on Thursday that steps will be taken to hold the local government elections soon after the parliamentary election concludes in November.

see more..

US, Israel believe only US Air Force can destroy Iran nuclear facilities

03 Oct 2024 | 7:25 PM

Washington, Oct 3 (UNI) Only the US Air Force is capable of destroying Iran’s nuclear infrastructure, The New Yorker reported, citing US and Israeli officials.

see more..

US on alert as Bilawal accuses Pakistan govt of misusing $400 mln flood relief

03 Oct 2024 | 7:09 PM

Islamabad, Oct 3 (UNI) The claims made by Bilawal Bhutto Zardari, the chairman of the Pakistan Peoples Party (PPP), that the Shehbaz Sharif-led government mismanaged $400 million in flood relief funds have been noted by the US, media reports said.

see more..
Iran resumes flights after missile attacks on Israel

Iran resumes flights after missile attacks on Israel

03 Oct 2024 | 7:04 PM

Tehran, Oct 3 (UNI) Iran has resumed flights to and from the country as of Thursday morning, following their suspension after Iranian missile attacks on Israel on Tuesday evening, according to a spokesman of Iran's Civil Aviation Organization (CAO).

see more..

Iran, Saudi Arabia vow to resolve differences, boost ties

03 Oct 2024 | 7:03 PM

Tehran, Oct 3 (UNI) Iran and Saudi Arabia have emphasized the need to set aside their differences and work towards the expansion of bilateral relations.

see more..
image