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AFPM Statement on Proposed EV Tax Credit Extension

/EIN News/ -- 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.”



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. 

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Diana Cronan