12 Automakers Urge California Senators To Oppose Union EV Tax Credit

1 mins read

Senior executives at 12 major international automakers on Friday urged California's two U.S. senators to oppose a proposal to give union-made electric vehicles an additional $4,500 tax credit.

By Reuters

Published on October 30, 2021

Highlights

Senior executives at 12 major international automakers on Friday urged California's two U.S. senators to oppose a proposal to give union-made electric vehicles an additional $4,500 tax credit. The automakers including Toyota Motor Corp, Volkswagen AG, Hyundai Motor Co and BMW AG, which said in 2020 they collectively employed over 9,000 California residents and generated $19.7 billion for the state's economy, asked Democratic Senators Dianne Feinstein and Alex Padilla in a letter seen by Reuters "to oppose any federally funded EV consumer incentives that do not treat California's auto workers as equal to every other American auto worker."

# Toyota Motor Corp # Volkswagen AG # EVs # Electric Vehicles # BMW AG # Hyundai Motor Co # Automakers # Union EV Tax Credit # Cars # Auto Industry

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