21 February, 2016

Koch brothers waging multi-million dollar war on electric vehicles

Charles and David Koch - waging
 war on electric vehicles.
Looks like the extremely wealthy and politically influential Koch Brothers are waging a multimillion dollar war against the burgeoning electric vehicle (EV) market, notably frustrating none other than EV titan Elon Musk.

In an effort to strike back at record-breaking EV sales, the fossil fuel industry is allegedly funding a new organization that will spend $10 million a year to push petroleum-based transportation fuels and attack government subsidies on EVs, refining industry sources told the Huffington Post.

According to HuffPost, a Koch Industries board member and a veteran Washington energy lobbyist will be involved in the purported EV-squashing initiative.

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