The US Senate's Climate Change Bill - What Does This Entail For EVs?

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A bill was passed this Sunday by one of the leading governmental bodies...

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THE US SENATE

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Involving the taxing of electric vehicles, sporting the reason for the bill as...

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CLIMATE CHANGE

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SO WHAT IS THIS BILL AND HOW DOES IT AFFECT THE SALES OF EVS

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The US Senate passed this bill calling for money towards climate change...

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$430 Billion

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But this bill drew sharp criticism from major electric vehicle manufacturers...

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The bill had a tax system for electric vehicles that was restructured

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The tax system keeps the federal tax incentive of $7500, extended until 2032

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Apart from this, the bill details upon the sourcing of the battery and location of assembly

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But automakers insist that this will delay the current targets for the sales of EVs

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The US Senate's Climate Change Bill - What Does This Entail For EVs?

The US Senate's Climate Change Bill - What Does This Entail For EVs?

A bill was passed this Sunday by one of the leading governmental bodies...

THE US SENATE

Involving the taxing of electric vehicles, sporting the reason for the bill as...

CLIMATE CHANGE

SO WHAT IS THIS BILL AND HOW DOES IT AFFECT THE SALES OF EVS

?

The US Senate passed this bill calling for money towards climate change...

$430 Billion

TOTAL MONEY

But this bill drew sharp criticism from major electric vehicle manufacturers...

The bill had a tax system for electric vehicles that was restructured

The tax system keeps the federal tax incentive of $7500, extended until 2032

Apart from this, the bill details upon the sourcing of the battery and location of assembly

But automakers insist that this will delay the current targets for the sales of EVs