The Japanese government said it has submitted an opinion to the US government to ease the requirements for the electric vehicle tax credit under the US Inflation Reduction Act.
The Japanese government has decided that preferential treatment of up to $ 7,500 in tax deductions of up to $ 7,500 and about 10 million won in Korean money just for those who buy an electric vehicle finally assembled in North America is unfavorable to Japanese automakers, so the requirement is flexible Kyodo News reported that it requested to make it work.
In a letter of opinion sent on the 4th, the Japanese government said: “The benefits of the tax credit are not applied to cars imported outside of North America. There,” he pointed out.
The Japanese government is also concerned that the move will negatively impact Japanese companies’ ability to expand investment and employment in the United States.
He also pointed out that US consumers may have limited options for purchasing electric vehicles and said discriminatory subsidy payments could be an obstacle to achieving the Biden administration’s climate-related goals.
Previously, the Korean government also submitted an opinion letter to the US government the day before, calling for the resolution of discriminatory factors contrary to trade rules.