Infrastructure

Biden law could set up production and demand clash for electric vehicles

By Eden Villalovas
Published July 26, 2023 8:21pm ET
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Biden law could set up production and demand clash for electric vehicles
Electric vehicle sales and manufacturing demands are on the rise after President Joe Biden pushed for the largest electrification transition at the federal level. Biden’s Inflation Reduction Act of 2022 included measures to accelerate electrification in the nation. Under the Advanced Manufacturing Production Credit, a tax credit equal to 10% of the cost of production […]


Electric vehicle sales and manufacturing demands are on the rise after President Joe Biden pushed for the largest electrification transition at the federal level.

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Auto Industry Biden Administration Cars Electric Vehicles Law Tesla Transportation