GM says U.S. should extend consumer, investment tax credits to boost electric vehicles

General Motors President Mark Reuss said Thursday the U.S. government should extend new investment tax credits for electric vehicle manufacturing and supply chains and expand consumer incentives to electric vehicle purchases, including for used vehicles.

In a LinkedIn post, Reuss also called on U.S. policymakers to invest “in infrastructure that includes fast-charging stations, particularly in urban areas and along highway corridors.”

In January, GM said it was setting a dramatic goal to sell all its new cars, SUVs and light pickup trucks with zero tailpipe emissions by 2035, a dramatic shift by the largest U.S. automaker away from gasoline and diesel engines.