President Joe Biden and European Commission President Ursula von der Leyen are set to unveil on Friday a plan that the White House hopes will help turn the page on the ongoing spat between the U.S. and European Union over electric vehicle tax credits.
Biden and von der Leyen are expected to agree to open negotiations between the U.S. and the EU on a deal that could boost the use of European minerals critical in the production of electric vehicle batteries that are eligible for U.S. tax credits through Biden's roughly $375 billion clean energy law that passed last year, according to administration officials. The officials spoke on the condition of anonymity ahead of the leaders' meeting.
