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EDTA Urges Senate To Support Extension Of Electric-Drive Tax Credits

The Electric Drive Transportation Association (EDTA) submitted a statement to the Senate Finance Committee supporting an extension of all electric-drive tax credits, including the 30B credit for fuel-cell electric drive vehicles, the 30C credit for alt-fuel infrastructure and the 30D plug-in electric-drive vehicle credit.

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The Electric Drive Transportation Association (EDTA) submitted a statement to the Senate Finance Committee supporting an extension of all electric-drive tax credits, including the 30B credit for fuel-cell electric drive vehicles, the 30C credit for alt-fuel infrastructure and the 30D plug-in electric-drive vehicle credit.

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The statement is in addition to a letter signed by the EDTA and 51 other organizations, submitted to the Committee’s Energy Taskforce on behalf of the coalition of supporters of the Driving America Forward Act (S. 1094), which updates the 30B credit for fuel-cell electric drive vehicles and the 30D plug-in electric-drive vehicle credit.

“Electrifying the U.S. fleet of vehicles will allow drivers to reduce their fuel costs, help to reduce greenhouse gases and other pollutants and enhance our energy security through fuel diversity,” EDTA President Genevieve Cullen said. “The Senate Finance Committee has an opportunity to update existing policies to ensure that the U.S. continues to lead in the global market for electric drive technologies.

“As Congress considers pathways to 21st-century transportation, electric drive is essential to advanced mobility in the United States. We urge policymakers to ensure that the tax credits for electric-drive vehicles and infrastructure continue to work to increase consumer choice and U.S. competitiveness.”

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