U.S. Republican Sen. Lamar Alexander of Tennessee is co-sponsoring a bill that would extend tax credits for electric car manufacturers, according to Green Car Reports. This, despite Republican U.S. President Donald Trump wanting to do away with them. As The Tennessee Star reported in February, research shows manufacturers of electric cars wouldn’t make a tidy profit in a pure free market system because, at least right now, there isn’t enough demand for that product. So that’s why government gets involved. According to Green Car Reports, this legislation has many sponsors, Republican and Democrat. “The Driving America Forward Act counts among its key sponsors Michigan Democrats Debbie Stabenow and Gary Peters, Tennessee establishment-Republican Lamar Alexander and Maine Republican-centrist Susan Collins. Michigan Democratic Rep. Dan Kildee signaled his support in the House as well. Automakers including General Motors, Fiat Chrysler Automobiles, Tesla, Honda, Toyota, Ford, Nissan, and Volkswagen have supported the effort,” according to the website. “Unlike partisan Democratic proposals that would simply extend the tax credit for 10 years for all automakers, before ending them abruptly, the Driving America Forward Act would boost all automakers’ available credits from 200,000 (which Tesla and GM have already surpassed) to 600,000, but lower the…
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