- Republicans want to kill the #EVtaxcredit because it’s “too expensive.” (Bloomberg) Sure, the 10-year cost might hit $200B. But that’s only because Americans are actually buying #EVs. That’s not waste. That’s uptake. Meanwhile, China’s exporting EVs to every major nation but us. 🧵May 6, 2025 20:36
- The argument is that the credit gives EVs an unfair leg up over gas cars. But that “leg up” has delivered $210B+ in factory #investment to U.S. soil. Top states: — Georgia: $31B — Michigan: $20B — North Carolina: $19B This isn’t a coastal trend. It’s a nationwide industry. 2/3
- Even 21 House Republicans warned their party that repealing the credit would “disrupt existing projects and raise prices.” They're right! This isn’t about picking sides. We either build the industry here... or buy it from China later. buff.ly/1T7WbIu 3/3
