12 automakers urge California senators to oppose union EV tax credits

Senior executives from 12 major international automakers on Friday urged two US senators from California to oppose a proposal to give an additional $4,500 tax credit to union-built electric vehicles.

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Reuters
| Published: 30-Oct-21 09:53 AM IST

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Senior executives from 12 major international automakers on Friday urged two US senators from California to oppose a proposal to give an additional $4,500 tax credit to union-built electric vehicles.

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Automakers including Toyota Motor Corp, Volkswagen AG, Hyundai Motor Company and BMW AG, which said they collectively employed more than 9,000 California residents in 2020 and generated $19.7 billion for the state’s economy, said Democratic Senator Diane Feinstein and Alex Padilla in a letter seen. Reuters “to protest federally funded EV consumer incentives that do not treat California auto workers equal to every other American auto worker.”

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