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The Congressional Review Act and its potential impact on EV tax credits

Plug in America

JULY 22, 2024

auto industry globally competitive. To spur EV adoption and increase Americans’ access to and the affordability of EVs, Congress passed legislation called the Inflation Reduction Act (IRA), which President Biden signed into law. The IRA catalyzed $500 billion in private-sector manufacturing jobs. The impact of the IRA is huge.

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Tax Credit Tax Congress Clean 98
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The EV Transition Explained: Reshaping Labor Markets

Cars That Think

JANUARY 17, 2023

The automaker has already begun idling auto plants and is warning of future closures to pay for its transition to EVs and to try to keep EV prices affordable. By some estimates , upwards to 80,000 auto workers and a similar number in the auto supply chain have already been laid off globally to support the EV transition.

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Market Auto Industry Auto Michigan 103
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