Toyota to Congress: Reject EV tax incentives that favor Detroit Three – By Riley Beggin (The Detroit News) / Sept 13 2021
Washington — Executives at Toyota Motor Corp. are urging members of Congress to reject a proposal that would expand tax credits for electric vehicles up to $12,500 and offer significant incentives to buy union-made cars.
The legislation, proposed by Rep. Dan Kildee, D-Flint Township, would lift the manufacturer cap on EV credits and implement $7,500 point-of-sale consumer rebates for electric vehicles. It would pay out an additional $4,500 for vehicles assembled in a union facility and another $500 for vehicles using a battery manufactured in the U.S.
“The current Ways and Means Committee draft makes the objective of accelerating the deployment of electrified vehicles secondary by discriminating against American autoworkers based on their choice not to unionize,” Toyota wrote Monday in a letter to leaders of the House Ways and Means Committee, which plans to vote this week on whether to include the bill in Democrats’ $3.5 trillion social spending bill.
