Automotive Industry Begs U.S. Government for Money

With President Biden planning to announce an infrastructure proposal that could easily exceed $2 trillion, the automotive industry has come to the realization that some of that money could be used to make its job easier. Following Tesla’s attempt at charming the federal government into making carbon credits more valuable, automotive lobbies, supplier groups, and the United Auto Workers (UAW) union have issued a joint letter asking for financial assistance.

Addressed to the president and congress, the document makes numerous requests for help with electric vehicle adoption rates. Industry groups would like to see Biden sign onto significant government tax incentives and subsidies for both buying and manufacturing electric vehicles. But this isn’t limited to passenger cars, they also want tax dollars used to help offset the prices corporations pay on commercial EVs intended for fleet use. Government grants would likewise be set aside for organizations that retool facilities for electric cars, while federal entities make a vow to buy up new fleets that aren’t reliant on liquid fuel.

Read more
  • MaintenanceCosts "And with ANY car, always budget for maintenance."The question is whether you have to budget a thousand bucks (or euro) a year, or a quarter of your income.
  • FreedMike The NASCAR race was a dandy. That finish…
  • EBFlex It’s ironic that the typical low IQ big government simps are all over this yet we’re completely silent when oil companies took massive losses during Covid. Funny how that’s fine but profits aren’t. These people have no idea how business works.
  • Ajla Goldman Sachs 🥂
  • Rna65689660 DVR and watch all that are aired. Has been this way for 40 years.