The Inflation Reduction Act of 2022 changes the eligibility rules to claim a tax credit for clean vehicles. The act is an ongoing, very aggressive campaign to revolutionize the automobile industry and get consumers to ditch combustion engine, gasoline-powered vehicles in favor of EVs – electric vehicles. Could this tip consumers to move to electric vehicles?
While these incentives may spur demand, there are headwinds that may stall if not derail growth and the most important of these surround the battery, which is complicated and expensive.
The jury is still out, despite how attractive electric vehicles may be.
Joining Host Jim Falk are:
Tony Quiroga, the Editor in Chief of Car and Driver Magazine and
Steve LeVine, the editor of The Electric, and author of The Powerhouse: America, China and the Great Battery War.
Our guests discuss the pros and cons EVs present, primarily as it relates to charging EVs and the battery challenge. Join us to learn more about what lies in our future and the EVs we may or may not buy.
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