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Europe denounces the American car bonus

2022-08-11T18:03:16.400Z

Brussels is concerned about the bill which provides up to 7,500 dollars in tax credit for the purchase of an electric vehicle coming from an American factory and equipped with a battery produced in the United States.



After being pleased to see the United States put in place an ambitious climate plan intended to reduce greenhouse gas emissions by 40% by 2030, the European Union is grimacing.

Brussels denounces American protectionism on its automobile industry.

This plan provides up to 7500 dollars of tax credit for the purchase of an electric vehicle leaving an American factory and equipped with a battery produced in the United States.

Read also

Automobile: the ecological bonus maintained at 6,000 euros until the end of the year, confirms Le Maire

The EU is extremely concerned about this bill affecting transatlantic trade.

It discriminates against foreign manufacturers compared to American manufacturers

, ”said a spokesperson for the European Commission, Miriam Garcia Ferrer.

Tax credits are an important incentive to encourage demand for electric cars but we need to ensure that the measures introduced are fair

,” she adds, referring to World Trade Organization rules.

Catching up with the return in the production of electric vehicles

Of his…

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Source: lefigaro

All business articles on 2022-08-11

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