UAW urges Biden Administration to revise Electric Vehicle EV Taxations
This Friday, the United Auto Workers (UAW) union said “it wants tax incentives for electric vehicles (EVs) revised to require U.S. assembly for those vehicles to qualify.” The current $7,500 tax incentive doesn’t require these vehicles to be made in the United States.
United Auto Workers UAW Vice President Terry Dittes states “The UAW is working with the Biden administration and Congress to make sure that the final legislation extending electric vehicle subsidies are clear that those investments subsidize the jobs of U.S. workers.” as reported by Reuters.
While today, General Motors (GM) already make electric vehicles at four of its locations across the United States as well as in Canada.
On Thursday, General Motors shared that it will be investing around $1 billion in its Mexico operations and begin building the Electric Vehicles there from 2023 onwards.
United Auto Workers union was also seen criticizing Ford Motor’s plans of ”building a new vehicle in Mexico rather than at an Ohio plant.”
Michigan Democrat, Representative Debbie Dingell reportedly said “electric vehicles must be built here in America by the finest workforce in the world – the American worker. Not one American dollar should support our own jobs being shipped off to Mexico.” Simultaneously, President Joe Biden called for a whopping $174 billion to boost U.S. EV manufacturing, and its infrastructure needs, including $100 billion in the new consumer rebates.
While President Biden told “There’s no reason why American workers can’t lead the world in the production of electric vehicles and batteries.” to the U.S. lawmakers, on Wednesday.