Is a $4,500 tax credit for union-built EVs unfair or proactive?

Did you know SHIFT is taking the stage this fall? Together with an amazing line-up of experts, we will explore the future of mobility during TNW Conference 2021. Secure your ticket now! On Friday, US Democratic lawmakers proposed a new bill increasing the current $7,500 tax creditfor electric vehicles. And while this seems like a very promising step, in reality the credit expansion favors only particular automakers. The base amount remains unchanged at $4,000, with an extra $3,500 if the EV battery has a minimum of 40kWh — totalling the present 7,500 dollar grants. The bill now suggests that consumers can claim…

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