Threat to Canadian electric vehicle industry dissipates with U.S. Senate deal

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 92%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

Agreement would replace proposed made-in-America tax credits with made-in-North America incentives

A deal struck among Democrats in the U.S. Senate appears to have eliminated a threat hanging over the nascent electric vehicle manufacturing industry in Canada.

The amended language does away with the made-in-America criteria and instead says the tax credit would apply to electric vehicles assembled “within North America,” which means not only the United States but Canada and Mexico. “Now we can all breathe a sigh of relief,” Flavio Volpe, president of Canada’s Automotive Parts Manufacturers’ Association, said.

“Since the Prime Minister’s first meeting with President Biden last year, we have been relentless in underscoring that the original proposal would be harmful to both Canada and the US, so we’re glad to see that recognized in the new version of the bill,” Ms. Ng said.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Don't want Canadian anyway. Look at rogers,walmart,timhortons,target. It's gang that gives the okay or the heave.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 5. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen