Senior executives from 12 main worldwide automakers on Friday urged two US senators from California to oppose a proposal to offer an extra $4,500 tax credit score to union-built electrical automobiles.
Senior executives from 12 main worldwide automakers on Friday urged two US senators from California to oppose a proposal to offer an extra $4,500 tax credit score to union-built electrical automobiles.
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Automakers together with Toyota Motor Corp, Volkswagen AG, Hyundai Motor Company and BMW AG, which stated they collectively employed greater than 9,000 California residents in 2020 and generated $19.7 billion for the state’s economic system, stated 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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With inputs from NDTV
