Bloomberg Tax
April 27, 2020, 7:51 PM

Coalition Seeks $150B for Clean Cars, Tax Credit Extension

Ari Natter
Ari Natter
Bloomberg News

A coalition of automakers and others is asking Congress for $150 billion in stimulus funding for non-polluting cars, including the extension of a popular consumer tax credit for electric vehicles.

  • The Transportation Electrification Partnership, which includes automakers BMW, Audi, and Nissan, sent request to congressional leaders Monday
  • Group outlines plan for $25 billion for zero-emission vehicle manufacturing; $85 billion for zero-emission infrastructure investment, such as charging stations; $25 billion for zero-emission transit; and funding for workforce development training and clean tech startups
  • “This type of spending is critical to providing immediate economic stimulus and job creation, as well as to ...

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