09/12/2024 | Press release | Distributed by Public on 09/12/2024 11:28
Today, the House of Representatives passed H.R. 7980, the End Chinese Dominance of Electric Vehicles in America Act. The legislation would tighten the Foreign Entity of Concern (FEOC) definition for the 30D electric vehicle tax credit that goes to consumers and make vehicles from Chinese companies ineligible for the credit.
Congressman John Moolenaar voted for the legislation and spoke on the House floor during debate.
"The American people do not want to fund our enemies. The American people do not want to be held hostage to the whims of the Chinese Communist Party for our supply of critical minerals. Under the current regulations brought upon by the Inflation Reduction Act, these nightmares have become our reality. The End Chinese Dominance of Electric Vehicles in America Act is an important start toward this objective. It aligns with the goal of my NO GOTION Act, which would end the IRA's subsidies for CCP-affiliated companies. If we want to encourage American energy innovation, we cannot be subsidizing CCP companies at the same time," said Moolenaar during the debate.
The legislation passed the House with 217 voting in favor of it, and 189 members voting against it.