• Data By State
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  • Data By State

    • Clean Vehicle Credit

    In the Inflation Reduction Act of 2022, consumer credits for green vehicles get a new treatment.

    How the Clean Vehicle Credit Works

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    Summary

    The Inflation Reduction Act of 2022 alters consumer credits for green vehicles.

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    2022 Timeline

    2022 to early 2023 changes to consumer credits.

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    10-Year Timeline

    The changes will continue to unfold over the next ten years.

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    International Automakers' U.S. Green Vehicle Sales

    • Hybrids – 76 models offered
    • Battery Electric Vehicles (BEVs) – 42 models offered
    • Hydrogen Fuel Cell Electric Vehicles (FCEVs) – 2 models offered
    • Plug-In Hybrid Electric Vehicles (PHEVs) – 40 models offered

    International
    Automaker
    Green Vehicle Facts

    *Advanced technology vehicles (green) include all battery electric vehicles (BEV), hybrid electric vehicles (HEV), plug-in hybrid electric vehicles (PHEV), and fuel cell vehicles (FCEV).

    1.9M
    1.9M new green vehicles sold in 2023.
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    160
    160 international automaker green vehicle models offered to U.S. consumers in 2023.
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    58%
    58% of U.S. market share were green vehicles in 2023.
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    13
    13 states with international automaker green vehicle and battery manufacturing or R&D facilities.
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    Optimising the IRA: Government Policy, EVs and the Giga Challenge

    Moderated by Jennifer Safavian, “Optimising the IRA: Government Policy, EVs and the Giga Challenge,” held during Benchmark’s Battery Gigafactories USA 2023, explored:

    • Understanding the global repercussions of the US Inflation Reduction Act to mobilise finance and investment at pace and scale.
    • Assessing mandates, subsidies and investment in green power and charging infrastructure to encourage battery value chain development. ·
    • The need for global & regional coordination, dialogue, transparency & consistency at state and federal level across all branches of US Government.
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    Demystifying the Inflation Reduction Act

    During the 2023 Automotive News Congress event, Jennifer Safavian participated in a panel titled “Demystifying the Inflation Reduction Act.” Jennifer, along with other industry experts, discussed the challenges and opportunities associated with the Inflation Reduction Act.

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    Learn More About Our Advocacy Efforts

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    Jobs

    Autos Drive America is committed to advancing smart policies that support job growth throughout the automotive industry and enable a robust, well-equipped workforce to thrive.

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    Trade

    The success of the U.S. automotive industry depends on its performance on the global stage – where the free exchange of goods isn’t just beneficial; it’s essential to progress, economic growth, and innovation.

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    Growth

    Autos Drive America advocates for policies that will sustain growth, spark innovation, and promote good-paying, career-path opportunities.

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