EV sales in the US are growing
Surging US EV sales defy tax credit uncertainty
Investment in grid infrastructure must keep pace with growing EV fleet, conference delegates say
The potential end of a national tax-credit scheme for electric vehicles (EVs) in the US is unlikely to stall surging sales, but this rapid uptake will need to be matched by grid infrastructure investment to accommodate the growing EV fleet, according to industry insiders. The continuation of the EV tax credits—which grant up to $7,500 in tax breaks for plug-in EVs, and an additional $4,500 for vehicles made in America by unionised labour—is one of the provisions in the Build Back Better Act, a sweeping decade-long climate and social spending plan that is the centerpiece of President Joe Biden’s economic agenda. The legislation narrowly passed the US House of Representatives last November but
Also in this section
3 June 2025
Africa faces challenges in adopting CCS but also has vast potential, with the technology being not just a climate tool but a catalyst for development
2 June 2025
Rather than a simple climate option, CCS is now being seen as a workable solution for Africa’s growth strategy
27 May 2025
EU Parliament and Council both agree to exempt bulk of importers from paying a carbon tax on goods imported into the EU
27 May 2025
Carbon capture, utilisation and storage needs stable policy, investable frameworks and coordinated infrastructure if it is to be developed at scale
