WASHINGTON D.C. – Chet Thompson, president and CEO of the American Fuel & Petrochemical Manufacturers (AFPM), today released the following statement on proposed U.S. Senate legislation that would expand the electric vehicle tax credit by 400,000 vehicles per manufacturer:
“We strongly oppose this proposed legislation and believe that continuing to force American workers to bankroll electric vehicle purchases by the wealthiest is bad policy — especially considering that conventional fuels and vehicles have never been cleaner or more efficient. The EV tax credit was designed to sunset, and after a decade of subsidies worth billions of dollars, it’s time for EVs to compete on a level playing field.”
