Auto groups press Democrats for robust consumer EV tax credits

Trade groups representing traditional automakers as well as the electric vehicle (EV) sector are pressing House and Senate Democrats to embrace broad consumer purchase incentives for battery and fuel cell EVs, as both chambers develop a sweeping budget “reconciliation” package with numerous climate investments. “To effectively accelerate the transition to electric transportation, in the time frame necessary to address the threats of climate change, an updated electric vehicle credit needs to provide a broad incentive for diverse consumers, infrastructure, and...