Today, senior executives of twelve leading international auto companies in the United States sent a letter to Senate leadership, raising their opposition to the proposed electric vehicle (EV) tax credit in the Build Back Better Act.  

“The U.S. Senate has the opportunity to fix what the House failed to do with the discriminatory electric vehicle (EV) tax credit in the Build Back Better Act,” said Jennifer Safavian, president and CEO of Autos Drive America. “Senators need to understand the serious problems with the current proposal raised by these 12 international automakers, as well as so many other stakeholders, and provide tax incentives to all EVs made by all American workers.”
The following companies signed the letter: American Honda Motor Co., Inc., BMW of North America, LLC, Hyundai Motor North America, Kia North America & Kia America, Mazda North American Operations, Mercedes-Benz USA, Mitsubishi Motors North America, Inc., Nissan North America, Inc., Subaru of America, Inc., Toyota Motor North America, Inc., Volkswagen Group of America, Inc., and Volvo Cars USA, LLC.