12 automakers urge California senators to oppose union EV tax credit
29/10/2021 22:44
WASHINGTON, Oct 29 (Reuters) - Senior executives at 12 major
international automakers on Friday urged California's two U.S.
senators to oppose a proposal to give union-made electric
vehicles an additional $4,500 tax credit.
The automakers including Toyota Motor Corp 7203.T ,
Volkswagen AG VOWG_p.DE , Hyundai Motor Co 005380.KS and BMW
AG BMWG.DE , which said in 2020 they collectively employed over
9,000 California residents and generated $19.7 billion for the
state's economy, asked Democratic Senators Dianne Feinstein and
Alex Padilla in a letter seen by Reuters "to oppose any
federally funded EV consumer incentives that do not treat
California’s auto workers as equal to every other American auto
worker."
(Reporting by David Shepardson; editing by Diane Craft)
((David.Shepardson@thomsonreuters.com; 2028988324;))