Congress’s EV Proposal Favors Unions
A proposal put forward in the Democrats’ $3.5 trillion social spending bill could parachute tax credits to Americans buying electric vehicles. However, some EV automakers aren’t jazzed about it.
The proposal in question would offer incentives of up to $12,500 for people buying EVs built by unionized automakers like Ford. EVs built by other automakers (where cars aren’t built by union-represented workers) would see their credits limited to just $7,500. As a result, the bill structurally favors “traditional automakers from Detroit,” according to Automotive News. Many of those traditional automakers employ workers represented by United Auto Workers (UAW), one of America’s largest unions.