Inflation Reduction Act Spurs Changes In US Electric Vehicle Production

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Inflation Reduction Act Spurs Changes In US Electric Vehicle Production
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The Inflation Reduction Act has shaken things up for automakers who are now seeing many more reasons to build their cars in America.

that may or may not be in Chattanooga. Presumably, the two members of Volkswagen Group could build similar models side by side in any new factory.Q4 e-Tron

“Why is the Tesla Semi finally going into production 5 years after it was first announced? Musk hasn’t addressed this, but the climate legislation President Joe Biden signed into law in August sure looks like the reason,” Hull writes. A week after that earnings call, Senator Joe Manchin and Majority Leader Chuck Schumer announced they’d agreed on legislation that would enact major parts of Biden’s climate agenda. While the up to $7,500 clean car tax credit that new car buyers will be eligible for grabbed a lot of headlines, costlier commercial vehicles qualify for a much bigger incentive — as much as $40,000 per truck.

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