Inflation Reduction Act & What It Means for EV Production
QAD
FEBRUARY 23, 2023
This new tax credit could help to drive EV prices down, increase EV adoption, and give automakers the demand they need to transition to a BEV-heavy vehicle lineup—but that’s only if they can quickly regionalize their supply chains to meet the new “manufactured in North America” clause. How Does the Clean Vehicle Tax Credit Work?
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