November 27, 2022

Tesla, Toyota Accuse Biden’s EV Tax Credit of Putting Unions Over the Environment

WASHINGTON—President Biden says he wants to save the planet and save union jobs. The electric-vehicle tax credit in his social spending package shows how those aims can sometimes conflict.

The proposal being negotiated by House and Senate Democrats gives consumers the full $12,500 tax write-off only if they buy electric vehicles assembled by union workers using American-built batteries. Automobiles produced in nonunion factories would qualify for $4,500 less.

in Tech
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