Japan warned the US government over the weekend that its electric vehicle tax credit could ultimately deter investment in North America.
Cars.com CEO Alex Vetter discusses how rising interest rates are impacting car loan demand and the electric vehicle market on 'The Claman Countdown.'
Japan warned the United States over the weekend that the latter’s electric vehicle tax credits could dissuade them from investing in the world’s largest economy. sent a letter to U.S. Treasury Department on Saturday, complaining that the tax credits in the Inflation Reduction Act put Japanese carmakers at a disadvantage in the U.S. market. The Japanese government argued that the requirements for being eligible for the tax credit were "not consistent" with the shared policy between the two countries to build resilient supply chains with other allies and reduce exposure to China.
"It would be possible that Japanese automakers hesitate to make further investments towards electrification of vehicles," the government said. "This could cause negative impacts on the expansion of investment and employment in the U.S."
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Midterm election choice clear: Vote Republican to stop failed Biden agenda and save AmericaAs Election Day approaches, Republicans offer solutions to US problems, while Biden and Democrats double down on failed socialist policies that created the crises.
Weiterlesen »
Maureen Dowd: Be ready for the Marjorie Taylor Greeneing of AmericaMaureen Dowd: People voting for these crazies think they’re punishing the Democrats, but they’re really punishing themselves.
Weiterlesen »
Genesis Introduces Electrified GV70 In North AmericaA new all-electric premium model is entering the North American market - meet the Genesis Electrified GV70.
Weiterlesen »
Western North America, including Alaska, has best seat for total lunar eclipse early TuesdayThe total lunar eclipse will be visible throughout western North America in the predawn hours Tuesday — the farther west, the better, with Hawaii and Alaska having good views if skies are clear.
Weiterlesen »
Last total lunar eclipse for three years arrives TuesdayThe total lunar eclipse will be visible throughout North America in the predawn hours.
Weiterlesen »
Last total lunar eclipse for 3 years arrives TuesdayTuesday’s total lunar eclipse will be visible throughout North America in the predawn hours.
Weiterlesen »