Be The Change

Tag: Incentives

Honda calling on consumers to ensure that it isn’t just union-made EVs that will be eligible for US tax incentives

Honda has been building cars in the United States for almost 40 years and by 2040, intends for 100 percent of its sales to be for electrified vehicles, many of which will be produced in the United States.

Honda »

November 5, 2021

At Honda, we believe in freedom of choice for American consumers and fair treatment of all American autoworkers, with all of us working together to fight global climate change. That’s why we’re asking for your help to ensure equal treatment of consumer tax credits for the purchase of an electric vehicle (EV).

Honda associates have been building cars in America for nearly 40 years. And Honda is already America’s most fuel-efficient, lowest-emissions full-line automaker, according to the U.S. EPA.

But our actions to address climate change don’t stop there. We have announced plans to make 100% of our vehicle sales electrified by 2040. And we plan to build EVs at our plants in the U.S.

Currently, consumers can receive up to a $7,500 federal tax credit when purchasing an EV. Experts agree these credits are essential to convince American consumers to buy EVs on a scale needed to address the climate crisis.

Unfortunately, a new proposal in Congress would provide an additional $4,500 credit only for consumers who buy EVs made by three legacy Detroit automakers.

  • Don’t Honda and Acura customers who want to purchase an electric vehicle deserve the same credit as customers buying one from a Detroit automaker?
  • Don’t Honda’s American autoworkers deserve the same treatment as every other U.S. autoworker?

We value our customers, and we value our associates who build vehicles for them.
Please encourage Congress to provide fair and equal treatment of all consumers and American autoworkers as they consider proposed changes to the consumer EV tax credit.

Contact your member of Congress at 202-224-3121 and urge them to oppose the proposed changes to the EV tax credit being considered as part of the Build Back Better Act.

Elsewhere » Carscoops

Proposed US EV tax credit could seriously harm Canadian auto sector

US government proposals to create new electric vehicle tax credits for American-built vehicles could harm the Canadian auto industry and fall foul of trade agreements.

David Shepardson and David Ljunggren, Reuters »

In the letter dated Oct. 22, Canadian Trade Minister Mary Ng told U.S. lawmakers and the Biden administration that the credits, if approved, “would have a major adverse impact on the future of EV and automotive production in Canada.”

She said this would raise the risk of severe economic harm and tens of thousands of job losses in one of Canada’s largest manufacturing sectors, adding that U.S. companies and workers would not be immune from the fallout. The auto industry in both nations is highly integrated.

Ng said the proposed credits were inconsistent with U.S. obligations under the USMCA and the World Trade Organization.

More »

Elsewhere » The Detroit News

© 2023 EV Trend

Theme by Anders NorenUp ↑