Trade and Investment

What the world thinks about the new US electric vehicle tax plan

The European Union warned that the EV tax plans "risks creating tensions that could lead to reciprocal or retaliatory measures."

The European Union warned that the EV tax plans "risks creating tensions that could lead to reciprocal or retaliatory measures." Image: REUTERS/Kevin Lamarque

Spencer Feingold
Digital Editor, World Economic Forum
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Several top car manufacturing companies and industry associations have also spoken out against the EV tax credit plan in its current form.
Several top car manufacturing companies and industry associations have also spoken out against the EV tax credit plan in its current form. Image: REUTERS/ Rebecca Cook
Hyundai Motor Group
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