The automotive industry, including the United Auto Workers union and major manufacturers like General Motors, is pushing President Joe Biden to roll out tax credits and other incentives that will help drive electric vehicle sales.
According to Reuters, the UAW and two auto industry trade groups sent a letter to the Biden Administration this week calling for the White House to put forth a “comprehensive plan,” to boost EV sales “that takes the present market realities into consideration.”
“Neither the current trajectory of consumer adoption of EVs, nor existing levels of federal support for supply- and demand-side policies, is sufficient to meet our goal of a net-zero carbon transportation future,” the letter said,
In addition to the UAW, letter was also signed by the Alliance for Automobile Innovation, which represents General Motors, Toyota and Volkswagen, along with the Motor & Equipment Manufacturers Association.
The auto industry wants the Biden administration to put forth significant government tax incentives and subsidies to support both the purchase and production of EVs. The letter also called for the White House to raise incentives for federal fleet EV purchases, boost rare earth mineral mining in the United States and back the development of new hydrogen vehicles.
The White House is expected to release details on a new $3 trillion infrastructure plan this week, which may include setting up roughly 500,000 electric vehicle charging stations nationwide. There are currently around 100,000 EV charging stations in America, according to Reuters.
GM is eager to see the White House support electric vehicles after it committed $20 billion to the development of new electric and autonomous vehicles between now and 2025. Thanks to this investment, the automaker’s lineup will consist of 40 percent EVs by 2025 and it is also hoping to eliminate tailpipe emissions from its passenger vehicles by as early as 2035. GM as a company will also be fully carbon neutral by 2040.
“Climate change is real, and we want to be part of the solution by putting everyone in an electric vehicle,” GM CEO Mary Barra said in a statement released last year. “We are transitioning to an all-electric portfolio from a position of strength and we’re focused on growth. We can accelerate our EV plans because we are rapidly building a competitive advantage in batteries, software, vehicle integration, manufacturing and customer experience.”
The Biden Administration has not yet responded to the auto industry’s letter.
Subscribe to GM Authority for more General Motors electric vehicle news and ongoing General Motors news coverage.
Comments
If they sealed up the boarder they could save enough money to more than cover the electric cars as well as the bridges etc.
Closing the border won’t happen mate. Sadly people are being used as pawns for political gain at the top. That bill is bogus. There is a lot of fluff included in it as usual.
You spelled boarder wrong.
Never said it will happen just said this is what should happen.
They are carting kids across the country now. 1400 to San Diego from TX. Not like they have their own mess there already. I see they are flying others to hotels around the country. Many with Covid.
As long as the kids are safely locked up in a Biden cage with a Carter seat belt, travel should be ok.
Let them all in, and get them vaccinated too. Kids, parents, grandparents, family pets. They could do the jobs we used to give to republicans. Before the republicans became crazy conspiracy theory believing but jobs.
Let me guess, you believe in LIBERAL conspiracy theories?
Only they like to call their opinions “facts” lol. The hipocrisy from the left these last few years is impossible to ignore.
Round Earth is the BIGGEST liberal conspiracy theory of them ALL.
Dear God, please tell me that you’re only kidding
h4cksaw
Yea, crazy liberal ideas like:
– wearing a mask during a pandemic
– the person with the most votes wins the election
– The Idea that no one is above the law, and everyone should be treated equally under the law.
That’s just crazy talk.
real votes? or fake votes? ok for democrats above the law but not republicans? wearing 1 mask that doesn’t do anything? or wearing 2 masks which does a little more than nothing?
Melania Hilton
Face it between Federal, State & Local we’ve had hundreds of thousands of Elections in this country. We’ve gotten very good at making them free and fair. You right wingers just can’t except the fact that Trump is a LOSER!
BTW I listen to doctors and medical professionals who say the masks work. The voices inside your head are for amusement purposes only.
if wearing a mask doesn’t do anything at all, explain to me why this winter the flu was nearly nonexistent
Yup!
Which virus has more money making potential? Your answer is clear. Scare tactics sold trillions in the case of Covid 19.
Peter, FYI, if you look at Smithfield’s hiring records, 6 months after trump was elected, and with his tougher border lockdown, Smithfield (a Chinese owned company) was hiring majority white and black Americans without college degrees, you know those “white trash” and “hoods” who are “too lazy to do real work” and we need “hardworking immigrants” from abroad to do the “jobs we won’t.” It’s amazing what happens when a foreign owned corporation can’t get its $4/hour labor illegally. Shoots holes all through those ejumacated whack jobs on CNN talking points.
Speaking of crazy, have you listened to yourself?
Yes I have heard about this happening right now. Reminds me of the blackmail that Turkey did to the EU forcing them to take the migrants. Considering how in the USA today one can’t leave their home unlocked as companies like CPI security exist. One would think americans would care more for who enters their country. But I know better and know that the nation is feelings based. The girls and weak men think that we have to help everyone out because of our apparent privilege.
I do not fault the kids as no kid asks to be brought into this world. Seeing as how American women don’t have kids anymore. Our population will sorta be okay. So we will have more youth for tomorrow. Of course people will cry about mixing ethnicities which is not an issue. All we would have to do is make the country favorable for Americans to have their own again. Instead of brining more people in.
Liberals have no problem with people coming across our boarders, unless they are LEGAL and WHITE.
Yep, this bill is a disaster and it will continue to add to the national debt, i agree that we should focus on the future, but not with this terrible debt, rand paul is right, the nation’s number one threat is our debt.
This is why America should do what Margaret Thatcher did and privatize everything to the HIGHEST bidder, not the lowest bidder like obama did when he dumped all the GM shares too soon.
I agree with you. The national debt is the biggest issue we face. Countries will continue to dump the dollar in the coming decades. Our degenerate house is so divided that are going to fall from within.
We were divided by liberals, united by Conservatives and now divided again.
Don’t put conservatives on a pedestal as that group has been duped for a while now too. The people that they hang on to as being “conservative” are laughable at best. Just like the term liberal has a new meaning in the modern world compared to the classical meaning so does the term conservative post mid 20th century.
It’s up to patriots to take back the word “conservative” from weak willed centrists who are more left wing than right.
Melania Hilton
True Patriots defend the constitution. They don’t try and overturn a free and fair election, and they definitely don’t try and kill their own Vice President.
War is never without casualties. Maybe if Pence did his JOB he wouldn’t have had to worry about becoming one.
Conservatives won’t take back anything. In small numbers just like the forefathers perhaps, small groups of masculine men who are traditionally minded will step up when the time is right. As it stands now there is no incentive for these types of men to do anything.
So conservatives of today can take back the word it won’t do anything. They will still be largely modern and progressive. Actions speak louder than words. Many conservatives think that they are traditional which they are not.
The number one threat is the domestic terrorism in this country aka the trumpsters!
If Biden want this electric future then pay for it, good luck getting it though Congress…
Apparently you’ve been living in a cave, otherwise you would be aware of the fact that electric is the future! And if electric doesn’t work, the modern world of the future will come up with something else, that will not rely on outdated polluting fossil fuels that accomplish nothing but make the oligarchs wealthier!
HYDROGEN is the future. Trump will win in 24 and pull the plug!
what a ridiculous statement.
Wrong.
No incentives for anything! We need to fix other things first. The only incentives I want to see go to a company are for the utility companies so that we can improve our electric grid. More investments in nuclear are needed. The ITER project in France is coming along quite nicely.
We really need to fix our disgusting roads. Our roads are an embarrassment for the number 1 country in the G20. Every time I go to a foreign country and return back to the USA, it is laughable at best. I am sure foreigners who come into the country at certain entry points think the same and are surprised. It also should not take so long to add an additional lane to an existing two lane interstate.
gm made its bed and went all in for giant RC cars. So roll with the punches lower case gm. The demand will happen organically if people believe in and want those cars. Keep in mind that your base you pander to tend to have little interest in owning homes and want to live in city centers mainly using uber. For those that do have a car parking is an issue. So not sure where they will plug up their battery car. As there are no plans for that.
Well said. Personally, I wouldn’t have a BEV if they gave it to me for free. Having driven several electrics, my impression is that they are soulless transport appliances, even though actual performance is, admittedly, acceptable. Subsidies and incentives just transfer the consequences of poor decision-making to the tax-paying public at large.
Climate change clearly is real, but, in my opinion, the overall environmental impact of BEVs, including power generation, battery material mining, battery manufacturing, recycling and disposal, may be even worse than modern ICE vehicles, which are remarkably clean/efficient and continue to improve
Today’s Evs are glorified golf carts.
Tomorrow’s EVs will ALSO be glorified golf carts.
On the contrary the EV cars will be well sorted vehicles that many will migrate to on their own.
But it should left to the people to migrate over not the government to force the issue.
Gas cars get no subsidies, why do EVs?
C8.R, I still disagree, as EV’s need time to evolve and ICE engines will keep evolving as well. Just look at the truck wars, of whom, few want anything to do with EV’s and most want a big V8. Gas tech won’t stay stagnant, and EV’s 10 years from now will be contending with a new level of gas engines. While I like EV’s as an option, and options are always good, I think EV’s are so overtrumped up. I also think Europe’s 2030 gas-pocalispe isn’t going to happen by 2030. Europeans are just as freedom loving as Americans. If you doubt me on this look up the jillet jaune riots in France- just over a gas tax hike. It ain’t happening. It will get postponed, and VW will probably loose a lot of market share to Stellanits and Ford over there.
If golf carts can carry Trump’s fat butt around and not catch fire, my daily commute will be a piece of cake.
The average lazy liberal on Whole Food Stamps is way fatter than Trump.
FYI, the majority of food stamp recipients are whites in red States!
Corporate tax brakes for job creators are NOT “welfare”.
Actually Donald is not fat. He is doing well for his age group. Now most americans are fat and obese. Generally gross in general.
Only the unemployed LIBERALS in America are fat. Conservatives hunt, fish, shoot, do WORK.
Conservatives are just as fat and obese. Just go to any so called conservative state, especially in the south. It is gross! Then again americans have such a warped sense of what normal bodies look like today. It is a shame.
It is a national problem and just not a binary left or right issue.
Lots of liberals in Red states too! Don’t assume people’s politics if you don’t want us assuming people’s genders!
Also, having some fat is GOOD, it’s the LIBERALS who are either extremely fat and unemployed or running around on drugs extremely thin doing their pilates.
Like I said americans are fat and obese. Politics does not matter. I am beyond caring about who want identifies as. I am no fool. Only a fool would say having fat is bad. Like with all things in the USA these days everything is blown out of proportion. I have lived in Europe and east Asia. The people there have healthy BMI’s for their respective heights.
Once again I know many fat and obese “conservatives” in the south. You need to get beyond being beholden to a name tag.
Hahaha hahaha hahaha!
Lots of Africans and Europeans are chunky nuts as well. It’s just modern living, we no longer have to chase chickens to eat.
Blacks, whites, green, or pink. If one resides in the USA they tend to be fat or obese. Does not matter the ethnicity. The USA is a unhealthy drugged up nation.
Yeah, that would explain all those rail thin people at Trump rallies. LMAO!
Again, I repeat, the majority of the unemployed, uneducated, overweight food stamp recipients are white trash in red States!
Until they become autonomous pods. At that point, the automobile will become a transportation appliance. We will have no control over the destination.
Just like the dealer Courtesy Shuttle. Three or four stops and you are there. Kind of like a bus but now you get to sit next to the bums.
More importantly Electric Vehicles can not last 20 years without the battery being replaced which is insanely wasteful and expensive.
Internal combustion engines if designed properly can last over 500,000+ miles and decades. Key word designed properly.
The old stove bolt strait 6’s are the pinnacle of abuse and unable to die ( a guy on YouTube did a video of a stove bolt that he drained the oil out of it and then ran it till it died. He got 3000 miles with no oil. Talk about bulletproof. ) much of it is also how you maintain it. Loads of old Chevys that missed every other oil change and when it was changed, used the cheapest oil out there. Doesn’t matter if it’s a Toyota, an engine abused like that won’t last. Same with batteries, if you short charge your battery instead of a normal cycle (btw, if these become mainstream, loads of people will only do a half charge of fast charge speed just to get home) you will destroy battery integrity real quick.
$15,000 EV batteries have to be replaced every 100,000 miles or the range drops and you’re stranded on the side of the road and the car will only go 40 miles per hour.
If that wasn’t true, why is the warranty only 100,000 miles?
GM had a 5 year/100,000 mile powertrain warranty. Until, the introduction of the CVT transmission in the Chevrolet Spark. At that point, the powertrain warranty was cut to 60,000 miles. Could be a coincidence?
I am just not interested in EVs. Nothing will change that. Even if I seriously wanted to get on. The charging times are laughable at best. I can’t take them seriously when they can’t even beat a basic toyota in range. Batteries take time to be charged. It is simple physics. Fueling gasoline or hydrogen is always going to be faster.
No one doubts climate change. The question is how big of a percentage humans play. Considering the earth has been through various cold and warm cycles. As during the real pandemic “the black plague” the earth was colder then. There was no Chevy small blocks going around too that made the earth get warmer. Yes people do not realize that these “green” solutions are not green. Humanity needs to focus on true sustainability and consumption. True sustainability is reusing everything. Costly but it must be done. Until we can go to other planets or the moon and mine. We must be better at recycling, repurposing, and reusing things.
Cut the cord. Bomb the arabs. We need CHEAP GAS AND FREEDOM TO GO WHERE WE WANT not EXPENSIVE ELECTRICITY AND DEPENDENCE ON A WALL OUTLET!
Melania Hilton
If we kill Trump and turn that blubber in to oil, we can run the country for at least a week.
You’ve been reported to the FBI. Better make a run for the boarder. Take AOC with you.
Trump lost the election. He is a LOSER! He doesn’t get any FBI protection.
Peter G, technically, the secret service still provides security for presidents until the day they die. Clinton is still protected by the SS as much as everyone hates the guy.
Steven taking a bullet to save the President’s life is honorable. Taking a bullet to save a fat bastard is stupid.
If it truly takes one to know one, I can rest easy knowing I wouldn’t take a bullet for you. Stay classy, Pete.
Election Fraud must cause amnesia too.
Let the market decide! Not the taxpayers!
Thank you, get the government out of the way and let the market decide for itself.
The market decided gasoline would be the winner without a single dollar of taxpayer subsidies.
Exactly. Let electric vehicles SLOWLY take over. Don’t shove all this propaganda in our faces.
“Neither the current trajectory of consumer adoption of EVs, nor existing levels of federal support for supply- and demand-side policies, is sufficient to meet our goal of a net-zero carbon transportation future,”
Translation….
FORCE PEOPLE TO BUY OUR CARS THAT THEY DON’T WANT TO BUY.
We The People: “GAS IS UNAFFORDABLE”
Mary Antoinette Barra: “let them plug in”
“Neither the current trajectory of consumer adoption of EVs, nor existing levels of federal support for supply- and demand-side policies, is sufficient to meet our goal of a net-zero carbon transportation future,”
Translation….
FORCE PEOPLE TO BUY OUR CARS THAT THEY DON’T WANT TO BUY.
Go F yourself Mary.
Go F yourself Mar
Mr R, I actually think all these companies coming out with this crap is mostly trying to avoid cancel culture. Remember that GM used to have 44% of us market share. The customers they are trying to court right now buy Toyota’s and VW’s. As much as we would like GM to return the the LIKE a ROCK commercials and burning rubber, they know that they already have our attention and are courting us silently.
Like who would have though that the company that is claiming “all eletric “ would of last year returned the 400CI big block for HD trucks? It’s avoiding cancel culture, or at least the side of our country that will burn down and loot any business for fun.
The 400 was a Small Block; so was the 7.0 LS7. You probably should have known that. I’m sure the new one ain’t a big block either.
Being counted silently really stinks.
GM should lobby the gov to advantage things that its die-hards like.
Hey Stupid Joe, can I have a 100k credit for a Lectric Hummer?
The thing is the more people go electric the more money will need to spent on roads because they are heavier than most cars on the road now. So guess what the savings you get in less maintenance and no gas will be offset by much higher taxes for license plates and driver licenses.
Regarding if it will help with climate change…NOPE…. but more ground polution and water polution will be the by product of getting the minerals out of the ground for the batteries. This is what the so called greenies don’t understand and it needs to be broadcast live by those who know the EV revolution will do nothing for Climate. We humans have no control over the climate and anyone thinks we do is living a lie.
Round earth liberals and their money are easily parted.
Yep. Vote with your wallet. Companies can come out with as many EV’s as they wish, but if no one buys them…
Hitler subsidized industry. He’s dead and needs to stay dead along with his policies.
What’s going to happen when the people rise up and tell Mary Antoinette Barra there IS no cake?
The EV industry and gm have had enough freebies. The industry needs to sink or swim on its own. Every dollar that’s doled out to one industry, group, company, or person has to be taken from somewhere else. If folks don’t want EVs then let the market determine that. There are significant downsides to EVs and they aren’t without their own issues so let consumers decide.
We should get rid of unions so the cost of cars and gasoline will drop to 1950s levels.
Make Union membership voluntary not mandatory . No reprisals.
All this government spending eventually will lead to massive inflation and higher taxes. There’s no way around it. 3 Trillion dollars!!?? Are you Effin kidding me!
The long term consequences on our people will be devastating as prices for goods and services skyrocket.
This is another way of government forcing their powers and desires onto Americans which is all about control of the masses.
I am not completely against all social programs as I understand some are there to help people get a leg up especially if they hit a financial crisis, but this endless amount stimulus spending is telling us that the Gov will simply front the entire country with cash, including businesses so you have nothing to worry about. This goes to show how terrible our economy really is if the GOV has to step in, in order for the U.S. to survive.
GM just needs to hope and pray that their EV investments will pay off and not rely on creepy/sleepy Joe to help them for success with EV infrastructure which will probably all go to other things and not fixing our roads, highways, bridges or building EV charging stations. California in general has mild weather most of the year, yet our roads are trash and falling apart faster than a sinking ship. We too, were promised better roads and freeway improvements if we only increased the gas tax, and vehicle registration fees on everyone. Well flash forward almost 4 years later and my city and surrounding cities infrastructure is still crumbling and hasn’t been fixed in years with the increase of the tax. CA has the highest taxes in the nation, and we have we have nothing to show for it besides for more people on welfare, homelessness, and the highest poverty rate in the country.
The GOV lies about everything, you give them a inch, they take a mile, you give them $1.00, soon they will want $5.00 then $15.00, it’s never ending. GM needs to just focus on their plan and simply sit back and watch if the public will adopt to EV’s, if not they’re screwed and that’s their own fault for putting way too much investment into the platform while completing ignoring other technologies that could help improve the long term aspects of the ICE. Synthetic fuels is one possibility that will help prolong ICE and its ability to live on without being banned in certain countries.
All this government spending eventually will lead to massive inflation and higher taxes. There’s no way around it. 3 Trillion dollars!!?? Are you freakin kidding me!
The long term consequences on our people will be devastating as prices for goods and services skyrocket.
This is another way of government forcing their powers and desires onto Americans which is all about control of the masses.
I am not completely against all social programs as I understand some are there to help people get a leg up especially if they hit a financial crisis, but this endless amount stimulus spending is telling us that the Gov will simply front the entire country with cash, including businesses so you have nothing to worry about. This goes to show how terrible our economy really is if the GOV has to step in, in order for the U.S. to survive.
GM just needs to hope and pray that their EV investments will pay off and not rely on creepy/sleepy Joe to help them for success with EV infrastructure which will probably all go to other things and not fixing our roads, highways, bridges or building EV charging stations. California in general has mild weather most of the year, yet our roads are trash and falling apart faster than a sinking ship. We too, were promised better roads and freeway improvements if we only increased the gas tax, and vehicle registration fees on everyone. Well flash forward almost 4 years later and my city and surrounding cities infrastructure is still crumbling and hasn’t been fixed in years with the increase of the tax. CA has the highest taxes in the nation, and we have we have nothing to show for it besides for more people on welfare, homelessness, and the highest poverty rate in the country.
The GOV lies about everything, you give them a inch, they take a mile, you give them $1.00, soon they will want $5.00 then $15.00, it’s never ending. GM needs to just focus on their plan and simply sit back and watch if the public will adopt to EV’s, if not they’re screwed and that’s their own fault for putting way too much investment into the platform while completing ignoring other technologies that could help improve the long term aspects of the ICE. Synthetic fuels is one possibility that will help prolong ICE and its ability to live on without being banned in certain countries.
Time to pull the plug on EVs and build FUEL CELLS!!!!!!!!!!
Joe has a Major fiasco to take care of right now, this will have to wait.
Joe has a Major fiasco on his hands right now, this will have to wait.
I rather subsidize manufacturing of EVs and new energy tech products on American soil by American companies than subsidizing consumers. They tried that and consumers went to splash the money on imported expensive vehicles. They should understand that behind the scenes other countries see this a strategic trade war. German government exclusively and heavily subsidizes German car manufacturer against competition. They want to keep intact and carry over their dominant position to the new untouched EV market.
Biden should do that for gm, not make it build EVs nobody wants.
All this fluff and huff and puff about “EVs” had better first figure how to re-charge them when the hordes of usual commuters return to their daily drive from Covid work-at-home after the watch-dog middle-managers decide they are no longer needed and panic and start requiring face-time in workplaces so they can “oversee” them. Anyone with a brain knows the Electrical Grid will not support millions of EV’s all being plugged-in when the A/C units are running at full blast during the hot Summers. Then there’s the huge question of where all the “White-Gold” Lithium for the insanely expensive batteries is going to come from that is already scarce and bringing plans to scour the Ocean floor for it. Instead, devote research and time/money to the real future…..Hydrogen fuel cell power.
Mary should be thrown out of office for refusing to spend money on fuel cells! Nikola is going to put tesla AND gm out of business!
All this BS about the wall and political partys .it all started with the infrastructure bill. Go on you tube and look up China infrastructure videos. You will be shocked how far they are compared to us. We are becoming a third world country. Americans want everything but don’t want to pay for.
China isn’t unionized.
The American public, as well as the public in many European countries, are being fed a steaming pile of crap about this “zero emission”, “magic”, and “clean green renewable” EV nonsense. Fact is that there is ABSOLUTELY NO SUCH THING as a truly “zero emission” vehicle whatsoever, however you try to put it. Why do we have to be forced to be the good guys when China, India, and many other countries are belching out almost every form of pollution imaginable?
And many of these idiots that are pushing for EV’s fail to account for the fact that most renewable energy sources (solar and wind especially) are NOT reliable, at least for now. Hydroelectric is the only form of renewable energy that I can think of that is actually reliable in the long run. And many of these people also don’t support nuclear power. How is it logical to support EV’s but not support nuclear power which is much cleaner than many other energy sources?
Also, if Porsche and other people who are pushing for synthetic fuels (such as getting our Diesel and gas from refining bio-crude derived from pyrolysis of waste, including sewage and sewage sludge, or CO2-into-fuel processes) actually do turn out to be carbon-neutral, then what now? This will destroy any argument for EV’s that claim ICE cars can never be environmentally-friendly.
Also, I’m not exactly a fan of governments controlling what people can or can’t buy, outside of things that are an IMMINENT hazard to the safety of people, animals, or the environment. As much as I am for electrification, let it happen NATURALLY, don’t force it on us. Remember that Zero-Emission Vehicle mandate that they tried pushing through in the 1990’s? We all know how that went.
ELECTRIC VEHICLES: Unsustainable without government hand-outs. We tax payers have to pay to manufacturer and purchase vehicles we have no interest in and that do not work as well as real vehicles, the ones that run on oil directly not second hand. Shame on the unions and car manufacturers. May you all go bankrupt and be replaced by Americans who still want to build our country into the prosperous dynamo it should be.
When we lose our means to travel freely we will devolve into a nation of slaves.
There should be no subsidy for electric vehicles. Let them stand on their own.
Infrastructure is needed no matter who’s idea. If your going to have all these EV’s your going to have to have the generation capacity and distribution network. Then how is everyone going to charge their vehicles. Home with a garage well ok no real problem. Apartment dwellers or people who live in the city with street parking are going to do what? Lots of things to be figured out and construction to be done.
Which type of car would you want to drive on ice or slippery conditions, an EV or Gas? Standard trans are better for control because you can feather the clutch and God help you with a torque-freak EV. Automatic and gas are still OK because I can still shift.
I know many truck drivers hate automatic on big rigs because they are too slow because they cannot pull hills efficiently and etc. Hard, automatic shifts are a big problem when traction is limited.
This crap raises too many questions and these chauffeur-driven pansies have no clue about driving.
When gm goes carbon neutral they will be broke again.
Does the author of this article know that Biden can’t put a sentence together without a cue card or even board a plane. Perhaps if Ms. Barras removed her head from Biden’s behind she, as well as the other 330 Million legal citizens, will begin to ponder where that 3 Trillion Dollars is going to come from.
The way gm treats customers on the service drive says they need zero tax dollars until they start honoring their defective China made junk.
When will EV’s start to excel in sales WITHOUT multi-thousand dollar taxpayer rebates, and when they are going to be assessed a ‘road use tax’ (I HATE to use Buttengage’s term) to equate to what the rest of us pay in ever-rising gas taxes, then I’ll see if they are the godsend that all the environmenties think they are.
Reading everyone’s responses tells me that many were not alive, old enough to remember, or experience the early to mid 70’s economy and the worst part of the mid to late 70s… Democratic administration. Dependent on foreign oil to the point we were rationed and could only gas on odd or even numbers of your license plate. I see happening again now and more so China, 99% of Solar and Wind turbines being made in China and now Biden buying oil from OPAC again.
Inflation was a killer, happening again with borrowing of trillions for “stimulus ” and “infrastructure ” bills. Mortgage rates went as high as 24% and employment figures were reported between 7%-9%… As a high school senior, i was screwed.
Forcing a “gov” sponsored product on people will have negative effect especially when the decision is a knee jerk reaction that benefits only 1 side of the parties for their own bank accounts… are you listening Mary….
From a corporate perspective, shareholders want a big winfall but with 40% gains tax, what’s your hurry Mary… Like any corporation, jobs will leave the US based on corporate tax rates.
I thought Jimmy Carter was the worst but someone else is making a huge run to take those honors….
Never displace history.
The title of this article actually means: Automakers want the government to provide them billions in subsidies payed for by taxpayers. What a scam.