DETROIT — A tax credit of up to $7,500 could be used to defray the cost of an electric vehicle under the Inflation Reduction Act moving toward final approval in Congress, with a House vote likely on Friday. But the auto industry is warning that the vast majority of EV purchases won’t qualify for a

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Tesla Inc is lobbying the Ontario government as part of an effort to set up an “advanced manufacturing facility” in Canada, a filing by the electric-vehicle maker to the province’s Office of the Integrity Commissioner showed. The company’s Canadian unit is working with the government to “identify opportunities for industrial facility permitting reforms,” the amended

The Senate passed Democrats’ landmark tax, climate and health-care bill, setting up the legislation for House approval and President Joe Biden’s signature. After more than a year of stop-and-start negotiations, Democrats on Sunday agreed to the so-called Inflation Reduction Act, a narrow bill to invest in energy initiatives, curb drug prices and reduce the deficit,