FedEx Corp. has joined utilities, vehicle manufacturers and other companies in pushing for a tax credit for fleets that buy electric vehicles, Bloomberg reported.
FedEx CEO Fred Smith spoke at a news conference in Washington Monday, saying electric-vehicle use is â€œthe single most important initiativeâ€� to reduce U.S. reliance on imported oil.
Smith is a member of the Electrification Coalition, a group of 21 executives pushing for the credit and to extend a tax credit for electric vehicle charging stations, Bloomberg said.
Rep. Ed Markey (D-Mass.) said at the news conference that he â€œwould almost guaranteeâ€� a tax credit within two years.
Coalition members include Pacific Gas and Electric Co., Nissan Motor Co. and Siemens AG.
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