Industry groups ask Congress not to extend EV credit

Oil & Gas Journal: The American Fuel & Petrochemical Manufacturers, American Petroleum Institute, and three other national trade associations asked Republican leaders on Nov. 19 not to extend or expand the federal tax credit for electric vehicles (EV) during the rest of this session of the US Congress.

“We encourage the House and Senate to build on tax reform and not take a step backward by expanding the EV tax credit this Congress,” said the groups, which also included the Petroleum Marketers Association of America, Society of Independent Gasoline Marketers of America, and National Association of Convenience Stores.

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