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
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