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Honda american finance

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Unfortunately, a new proposal in Congress would provide an additional $4,500 credit only for consumers who buy EVs made by three legacy Detroit automakers. Experts agree these credits are essential to convince American consumers to buy EVs on a scale needed to address the climate crisis. And we plan to build EVs at our plants in the U.S.Ĭurrently, consumers can receive up to a $7,500 federal tax credit when purchasing an EV. We have announced plans to make 100% of our vehicle sales electrified by 2040. EPA.īut our actions to address climate change don't stop there. And Honda is already America's most fuel-efficient, lowest-emissions full-line automaker, according to the U.S. Honda associates have been building cars in America for nearly 40 years. That's why we're asking for your help to ensure equal treatment of consumer tax credits for the purchase of an electric vehicle (EV). At Honda, we believe in freedom of choice for American consumers and fair treatment of all American autoworkers, with all of us working together to fight global climate change.

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