U.S. Senate Scrapped $4,500 EV Bonus for Cars Made by Unionized Workers

The U.S. government wanted to offer a $4,500 incentive for electric cars made by unionized workers as part of the Build Back Better Act. As we mentioned in December 2021, it would not be something easy to approve when Joe Biden faced opposition from Democrat senators such as Joe Manchin. The West Virginia senator told Bloomberg that the union-based EV tax credit is “gone,” which was more than predictable. Apart from th... (continue reading...)