Toyota, Honda Oppose U.S. House Electric Vehicle Tax Plan, Say It Is 'Unfair'

[mahatmakanejeeves]

2. Additional links:

The Morning Shift

BMW Pledges To Keep Prices High As Costs Drop

Daimler and BMW are passing the savings along to … not you.

ByRaphael Orlove
Today 10:26AM

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3rd Gear: Toyota Mad EV Incentives Don’t Favor Its Non-Union Cars

Speaking of Toyota, it’s mad about EV credits in America that favor union-made cars, as Bloomberg also reports:

Under the 10-year proposal unveiled late Friday, union-built EVs will get an additional $4,500 tax incentive, a measure that would favor the three traditional Detroit carmakers — General Motors Co., Ford Motor Co. and Stellantis NV — whose factory workers are represented by the United Auto Workers. That sweetener would be on top of a $7,500 base incentive that would be available for EVs.

The current draft discriminates “against American autoworkers based on their choice not to unionize,” Toyota said in a statement Saturday. “We will also fight to focus taxpayer dollars on making all electrified vehicles accessible for American consumers.”

Discriminating against workers’ choice to not unionize is some severely twisted logic. Americans are better off in unions, and it’s only the prolonged campaigns of big business that put any other thought in our heads.

Toyota is not alone. Tesla is pissed, as is Rivian. Maybe they should unionize! Seems like a win-win.

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Elon Musk Thinks He Knows Who To Blame

Musk tweets again, this time calling foul on proposed tax credit expansions that exclude Tesla.

ByJosé Rodríguez Jr.
Today 12:59PM

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