How Electric Vehicles are Targeted by the Republican Policy Bill
As usual, Jack Ewing has a great write up on the implications of the House’s tax and policy bill on EVs.
As he writes, “If passed by the Senate and signed into law by President Trump, the bill would sharply slow the sales and production of battery-powered cars and trucks in the United States and set back the global effort to address climate change.”
We encourage you to read the article in full to get a sense of how the bill’s provisions throw a wrench into the EV industry’s momentum, and will make the transition to EVs meaningfully longer and more expensive.
Our own Mike Murphy weighs in on the consequences:
“It’s a big win for China and bad for American manufacturing,” said Mike Murphy, a veteran Republican political operative who is chief executive of the EV Politics Project, a group that seeks to end what it calls “the needless partisan divide over E.V.s.”