TSLA - House Democrats to push electric vehicle legislation

A group of 17 U.S. House Democrats are introducing legislation as early as today that would award $6B to the U.S. Postal Service to buy tens of thousands of additional electric delivery vehicles.The bill would require at least 75% of the new USPS fleet be electric or zero-emission vehicles, according to Reuters. The legislation's backers include Representative Peter DeFazio, who chairs the Transportation and Infrastructure Committee, and Representative Carolyn Maloney, who chairs the Oversight and Reform committee that oversees USPS.The bill would also require no less than 50% of medium and heavy-duty vehicle purchases be electric or zero-emission through 2029 and all new USPS vehicles be zero-emission after January 2040. Legislation covering electric vehicles has been widely anticipated since Joe Biden won the U.S. presidency and control of the Senate flipped to the U.S. Senate. Most analysts expect the major green push to arrive after COVID-19 stimulus is disbursed and funding

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House Democrats to push electric vehicle legislation