On Nov. 12, visitors at the 2023 Green Technology Expo in Bangkok, Thailand look at BYD cars. Photo: VCG

Welcome to Caixin’s Tech Insider, your twice-weekly wrap on the movers, shakers and deal-makers in China’s tech scene.

U.S.’ EV tax credits put strict limits on Chinese components

The number of electric vehicles (EV) eligible for consumer tax credits in the U.S. is poised to shrink after the Biden administration set rigorous limits on the amount of materials manufacturers can source from China and other foreign adversaries.