NEW YORK/WASHINGTON -- Japanese and European automakers have cried foul over Washington's plans to subsidize electric vehicles made by union labor, declaring that the treatment would amount to a two-tiered system favoring a select group of manufacturers.
The Biden administration and Democratic lawmakers look to finalize a scheme that would grant a $4,500 tax credit for EVs assembled in union plants. It will be part of the proposed $1.75 trillion Build Back Better spending bill.
