CategoryRetail

Manchin says union-built EV tax credit bonus is gone

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West Virginia Sen. Joe Manchin, right, with Ted Ogawa, CEO of Toyota Motor North America, at an event last year to announce the automaker’s $240 million investment into its components plant in West Virginia. (LARRY P. VELLEQUETTE)
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By:
Bloomberg
June 22, 2022 10:57 AM

WASHINGTON -- Senate Democrats have scrapped a $4,500 bonus tax credit for electric vehicles made with domestic union labor that was opposed by U.S. Sen. Joe Manchin, D-W.Va., as they seek to wrap up negotiations on a spending deal.

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