Who is Yamandú Orsi, the next president of Uruguay?
Adani bonds hit one-year low as investors weigh US bribery allegations
Australia PM plays down privacy fears of social media ban for children
South Korea holds memorial for forced laborers at Sado mines, a day after boycotting Japanese event
Chinese startups suffer as IPO freeze prompts investors to exercise redemption rights
New Zealand citizen poisoned by tainted alcohol in Laos returns home
No. 1 South Carolina experiences rare sting of defeat, seeing 43-game winning streak end
Air New Zealand sees lower earnings for first half of 2025 as engine issues persist
(Reuters) - Ford Motor said on Wednesday it is unlikely Mustang Mach-E electric vehicles currently in dealer showrooms will qualify for federal tax credits beginning in January.
The U.S. Treasury issued guidance last week detailing new battery sourcing restrictions that take effect Jan. 1 aimed at weaning the U.S. EV supply chain away from China. The current model Mach-E currently qualifies for a $3,750 federal tax credit.
(Reporting by David Shepardson; Editing by Chris Reese)
