Factbox-How U.S. electric vehicle subsidy rules impact Europe


FILE PHOTO A Volkswagen ID.4 electric vehicle EV charges at an EV charging station inside a parking garage owned by the City of Baltimore in Baltimore Maryland U.S. March 23 2023. REUTERSBing Guan

FILE PHOTO: A Volkswagen ID.4 electric vehicle (EV) charges at an EV charging station inside a parking garage owned by the City of Baltimore, in Baltimore, Maryland, U.S., March 23, 2023. REUTERS/Bing Guan

BRUSSELS (Reuters) - The U.S. Treasury Department is expected to give guidance on Friday on tax breaks for consumers buying electric vehicles and Europe's auto sector and policymakers will be closely watching to assess the consequences for European industry.

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