EU Seeks EV Rules Clarity Before Signing Key US Mineral Deal
- Brussels is seeking concessions from US law offering credits
- EU says parts of US IRA unfairly discriminate against EU firms
The European Union is seeking to clarify several issues with the US before signing an agreement on critical minerals designed to give EU companies access to some of the massive green subsidies offered in President Joe Biden’s Inflation Reduction Act.
Among the small number of issues the EU wants cleared is the extent of critical minerals covered by the accords and how the pact would meet the requirements of the IRA’s rules on electric-vehicle tax credits, according to people familiar with the matter.