Electric
Unifor Says Biden’s EV Tax Credits Act As A “Disincentive” To Invest In Canadian Production
Canadian auto workers union Unifor has expressed concerns over President Joe Biden’s Build Back Better bill that would give additional EV rebates to vehicles produced at unionized factories in the U.S.
Under Biden’s plan, electric vehicles produced at unionized sites will be eligible for an extra $5,000 federal tax credit, in addition to the existing $7,500 tax credit available for all EVs. Canada’s Standing Committee on International Trade recently held a meeting in relation to Biden’s plan and Unifor stated it could act as a disincentive for automakers to invest in Canadian production.
