Dramatic predictions and commentaries about the potential impact of the COVID-19 pandemic on the future of the fuel and petrochemical industries have made headlines.
New analysis has found that a Senate plan to extend the federal electric vehicle (EV) tax credit would cost taxpayers as much as $16 billion over the next decade, money that in recent years has largely gone toward the purchase of luxury electric vehicles.
WASHINGTON D.C. – Chet Thompson, president and CEO of the American Fuel & Petrochemical Manufacturers (AFPM), today released the following statement on proposed U.S. Senate legislation that would expand the electric vehicle tax credit by 400,000 vehicles per manufacturer.
WASHINGTON, D.C. – AFPM released the following statement in support of the Fairness for Every Driver Act of 2019 introduced by Sen. John Barrasso (R-Wyo.) and Rep. Jason Smith (R-Mo.).
WASHINGTON, D.C. – Kansas City Power & Light Company (KCP&L) has agreed to withdraw its proposal to charge its customer base for the costs of electric vehicle charging stations that solely benefit electric vehicle (EV) owners and operators.
AFPM has joined five other associations to call on the Governors of eight states to reject a recent plea from the Auto Alliance – the leading advocacy group for automakers – to increase subsidies and other incentives for electric vehicles (EVs) and zero-emission vehicles (ZEVs), further distorting a market that has failed to materialize despite already receiving generous handouts.
As he moves into his final year in office, President Obama has decided to tackle an issue he didn’t dare touch during his first term as he looks to