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AFPM Statement on Proposed EV Tax Credit Extension

1 month ago DieselGasoil Comments Off on AFPM Statement on Proposed EV Tax Credit Extension

Washington D.C., April 10, 2019 (GLOBE NEWSWIRE) — Chet Thompson, president and CEO of the American Fuel & Petrochemical Manufacturers (AFPM), today released the following statement on proposed U.S. Senate legislation that would expand the electric vehicle tax credit by 400,000 vehicles per manufacturer:

“We strongly oppose this proposed legislation and believe that continuing to force American workers to bankroll electric vehicle purchases by the wealthiest is bad policy — especially considering that conventional fuels and vehicles have never been cleaner or more efficient. The EV tax credit was designed to sunset, and after a decade of subsidies worth billions of dollars, it’s time for EVs to compete on a level playing field.”

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About AFPM

The American Fuel & Petrochemical Manufacturers (AFPM) is a national trade association representing more than 400 companies that encompass virtually all U.S. Refining and petrochemical manufacturing capacity.

Follow us on twitter @AFPMonline

Learn about us at Industry 101

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Diana Cronan
AFPM
2024570480
media@afpm.org

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Somaderm Gel is the only FDA registered transdermal Human Growth Hormone product available without prescription.

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