Toyota, Honda Angry After Getting Shut Out of Electric Car Tax Credit

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The U.S. Congress has big plans for electric vehicles (EVs), but two of the world's biggest automakers were stunned Saturday to find out they'd been kicked to the curb.

Honda and Toyota registered their fury at Democratic lawmakers, who proposed to expand tax credits for EVs, but only for union-made cars assembled in the U.S. That would leave the Japanese automakers — and Elon Musk's Tesla — in the rear view of their American rivals.

Source Fool.com