Autos Drive America
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Autos Drive America is a trade association representing international automotive manufacturers with operations in the United States. Based in Washington, D.C., Autos Drive America advocates for open trade and investment policies.
Formation
Autos Drive America was launched in July 2020 following the rebrand of the Here for America Coalition. The Here for America Coalition was created in 2015 by non-U.S.-headquartered motor vehicle manufacturers and managed by the Association of Global Automakers. It has been led by President & CEO Jennifer Safavian since its inception.
Membership
Current member companies include the following:
- American Honda Motor Co., Inc.
- BMW of North America
- Hyundai Motor America
- Kia Motors America, Inc.
- Mazda North American Operations, Inc.
- Mercedes-Benz USA
- Mitsubishi Motors North America
- Nissan North America, Inc.
- Panasonic
- Subaru of America, Inc.
- Toyota Motor North America, Inc.
- Volkswagen Group of America
- Volvo Cars USA
Advocacy
Autos Drive America advocates for open trade policies to expand access to global markets to export American-made vehicles.
Electric Vehicle Tax Credit
In 2021, Autos Drive America opposed a measure in the Build Back Better Act (BBB) that incentivized purchases from auto manufacturing workers represented by a labor union.[1] At the time, the United States offered consumers an Electric Vehicle (EV) Tax Credit on new electric vehicles purchased after 2009 worth between $2,500 and $7,500, depending on each vehicle's traction battery capacity and the gross vehicle weight rating.[2]
Under the BBB, consumers who purchased new electric vehicles produced in union-represented plants would have been eligible to receive up to $4,500 in additional federal tax credits.[3] Autos Drive America argued that this tax credit discriminated against non-unionized workers and could reduce consumer choice, launching an advertising and lobbying campaign against the proposal. Ultimately, the proposed EV tax credit failed alongside the BBB proposal.[4]
In 2022, an electric vehicle tax credit was revived as part of the Inflation Reduction Act.[5]
Autos Drive America expressed concern about the sourcing requirements included in the legislation, arguing it could constrain electric vehicle production and hinder consumer adoption.
On August 16th, 2022, the new requirements for the EV tax credit under the Inflation Reduction Act were signed into law by President Joe Biden.[6]
Semiconductor Shortage
In 2022, Autos Drive America supported the CHIPS and Science Act, legislation meant to incentivize and strengthen the American production of semiconductor chips. In August of 2022, President Biden signed the $280 billion bipartisan bill into law.[7]
References
- ↑ Wayland, Michael. "EV tax credits in Biden's Build Back Better Act will help sell more cars than new chargers in infrastructure bill". CNBC. Retrieved 2023-03-07.
- ↑ "Alternative Fuels Data Center: Electric Vehicle (EV) and Fuel Cell Electric Vehicle (FCEV) Tax Credit". afdc.energy.gov. Retrieved 2023-03-07.
- ↑ Shepardson, David (2021-11-11). "U.S. Senate Democrat Manchin opposes $4,500 EV union tax credit". Reuters. Retrieved 2023-03-07.
- ↑ "Manchin says no to Build Back Better, killing EV tax credit momentum". Automotive News. 2021-12-19. Retrieved 2023-03-07.
- ↑ "Buy now or wait? What the new electric vehicle credits mean for you". Washington Post. 2022-08-10. Retrieved 2023-03-07.
- ↑ Daily, Investor's Business (2022-08-22). "New EV Tax Credits — What You Need To Know". Investor's Business Daily. Retrieved 2023-03-07.
{{cite web}}:|first=has generic name (help) - ↑ Beggin, Riley. "Biden signs $280B CHIPS act in bid to boost US over China, touts 'fundamental change'". The Detroit News. Retrieved 2023-03-07.
External links
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