Dombrovskis to lawmakers: EV tax credit ‘discriminates’ against EU

Electric vehicle tax credits in the House-approved Build Back Better budget plan would discriminate against European companies and violate World Trade Organization commitments, European Commission Executive Vice President and Trade Commissioner Valdis Dombrovskis said last week in a letter to Senate leaders. The House in November passed the budget bill, which proposes up to $12,500 in tax credits for electric vehicles -- including $4,500 if a vehicle is assembled at a unionized U.S. facility and $500 if it has at...