Some U.S. automakers claim the latest electric vehicle (EV) bill is unfair.
Honda is among those in opposition to the bill. Toyota is also objecting to the proposal and has stated that it will "fight to focus taxpayer dollars on making all electrified vehicles accessible for American consumers who can't afford high-priced cars and trucks."
"[The bill] discriminates among EVs made by hard-working American auto workers, based simply on whether they belong to a union,” Honda said, according to CarBuzz. “The Honda production associates in Alabama, Indiana and Ohio who will build our EVs deserve fair and equal treatment by Congress."
U.S. Democratic legislators have submitted a proposal that would increase federal tax credits on EVs by up to $12,500. EVs manufactured by General Motors, Ford and Stellantis would be eligible for the new federal tax credit.
Some carmakers are claiming this bill gives Detroit’s Big Three automakers an advantage, as they are members of the United Auto Workers Union, whereas foreign automakers located in the U.S., such as Honda and Toyota, are not members of a union, CarBuzz reported.
The Democrats’ proposal is expected to cost up to $34 billion over the next 10 years and will help President Joe Biden reach his goals concerning EVs. The president’s executive order, with the goal of half of U.S. automotive sales being electric vehicles by 2030, will lead to savings of nearly $250 billion in fuel costs by 2050, according to Mega Dealer News.
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