WASHINGTON — The new general director of the Japan Automobile Manufacturers Association's U.S. branch office says the eligibility restrictions in the new electric vehicle tax credit could impede EV adoption in the U.S.
"The current eligibility requirements significantly narrow American consumers' choices and likely make the tax credit less effective, thereby hindering the market uptake of electrified vehicles," said Anita Rajan, who was hired in May to steer the group's Washington, D.C., office following the departure of Manny Manriquez.
Under the Inflation Reduction Act signed last month, new EVs must be assembled in North America to be eligible. New restrictions on sticker price, buyer income and battery component and critical mineral sourcing take effect Jan. 1. The 2022-23 Nissan Leaf is the only Japanese-brand EV that may qualify for a $7,500 credit through Dec. 31, according to U.S. data.
Rajan, 42, submitted written respons…