Electric vehicle stocks tumble after Manchin rejects Biden's climate and social plan

  • 📰 CNBC
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Electric vehicle stocks tumble as Biden's climate and social plan flops

The proposed EV incentive under Build Back Better included a current $7,500 tax credit to purchase a plug-in electric vehicle as well as $500 if the vehicle's battery is made in the U.S.

It also includes a controversial $4,500 tax credit if the vehicle is assembled domestically with union labor, which has drawn heavy criticism from non-Detroit automakers whose American workers aren't organized., both of which have announced significant investments in electric vehicles.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in FR

France Dernières Nouvelles, France Actualités