The Zero Emission Transportation Association , a trade group whose members include the likes of Tesla, Waymo, Rivian, and Uber, is coming out in support of tax incentives for both the production and the sale of electric vehicles .
Recommended Videos “If the United States is going to continue to fight to bring those jobs here and actually compete to win against China, there needs to be a demand signal – like the New Clean Vehicle Tax Credit – aligned with that goal, otherwise we would be undercutting those investments and hurting American job growth,” ZETA executive director Albert Gore said in a statement.
According to some estimates, the share of EVs is expected to grow to 33% of the U.S. market in 2030. But repealing tax incentives on the production and sales of EVs is expected to reduce that share by at least 5%.