EV REVOLUTION REALLY SET TO TAKE OFF IN US?July 29th, 2021
In a recent letter to the US congress, The Corporate Electric Vehicle Alliance has pleaded for increased government spending on electric vehicle (EV) infrastructure. Specifically, the alliance proposes the development of an investment tax credit or point-of-sale program to boost sales of electric medium and heavy-duty vehicles. Companies like Amazon, DHL, and AT&T are among the signees and such corporate pressure could finally convince legislators to start spending more on the EV cause. President Biden already appears sold on the issue – he proposed $173 billion for EV infrastructure in the country’s recovery bill, only to be countered by a $4 billion offer from Republicans.