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Why Automakers are So Eager to Extend EV Tax Breaks

General Motors, Tesla and a fleet of other car manufacturers are going into overdrive to extend a tax break that has for a decade helped sustain the sale of cars that need little to no gasoline to run.

But in that effort, there is a roadblock: Oil and natural gas companies, which supply the gas fueling the internal-combustion engines dominating American roadways and which oppose extending tax breaks for vehicles that don't use their fuel...

Read the rest of the article over at the Washington Post


Image: Tesla electric automobiles sit charging. (Jasper Juinen/Bloomberg)

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