Republican Bill Aims to Eliminate Electric Vehicle Tax Credits
ElectricVehiclesTaxCreditsRepublicanBillGeneralMotorsFordAutomakersInvestmentLegislation
A Republican bill introduced this week in the House of Representatives aims to eliminate tax credits that encouraged Americans to buy electric vehicles and automakers to invest in new factories. This measure could have a negative impact on companies like General Motors (G.M.) and Ford, which have heavily invested in electric vehicle production.