The European Union yes & egrave; said & quot; deeply concerned & quot; of the new configuration of the incentives that the American Senate has approved, as it would penalize foreign manufacturers and violate the rules of the World Trade Organization (WTO). But what is it; success?
Isn't it? a mystery that the Biden government intends to push on electric cars. At the same time, however, it wants to incentivize investments for the production of electric vehicles in the country and those for the extraction of raw materials for the construction of batteries. All with the aim of reducing dependence on China .
Within the “ Inflation Reduction Act '' bill which provides, among other things, measures in favor of the ecological transition, new incentives for the purchase of electric cars have also been included. It arrives like this; confirmation of the $ 7,500 tax credit .
What has worried the European Union are some of the requirements that must be met in order to have access to this bonus. In fact, it is; provided for the assembly obligation of battery vehicles in North America and, above all, & egrave; These cars need to be built with critical materials that come from the United States or from a country with a free trade agreement with Washington.
NEED EQUITY?
These are choices made with the obvious reason to push the American industry at the expense of the Chinese one. However, the European Union, while sharing the importance of proposing incentives to push the spread of electric cars, yes & egrave; said she is very perplexed and worried about these constraints which she considers “discriminatory”.
We think it is discriminatory, that foreign producers are being discriminated against compared to US producers. Of course this would mean that they would be incompatible with the rules of the World Trade Organization.
The European Union therefore needs fairness; and therefore calls for fair and above all non-discriminatory measures to be introduced.
We therefore continue to urge the United States to remove these discriminatory elements from the bill and ensure that it is fully compliant with the rules of the law. World Trade Organization.
We will see if the appeal of the European Union will have; effect. It must be said that the bill after the approval in the American Senate is; next to the passage to the Chamber. Then it will serve; only Biden's signature.
But it's not; only the European Union worried about the new system of American incentives. In fact, criticism also comes from the Alliance for Automotive Innovation which states that the new rules would exclude 70% of the electric models present on the American market from the incentives.
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