The proposal will give Detroit’s Big Three automakers a big competitive edge and has drawn criticism from foreign automakers like Honda and Toyota.
Source: U.S. Democrats propose dramatic expansion of EV tax credits that favors Big Three
Well, only 10 years, but like this time, it will get renewed again in 10 years.
Does this subsidy really help consumers or does it enable EV makers to raise prices to consumers while consumers just pay the same amount as before due to the subsidy?
