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White House boosts Inflation Act as EV tax credit goes into effect

Starting this year, the Inflation Reduction Act will bring electric vehicles from various manufacturers to a more affordable price for American families. Image credit: Jaguar Starting this year, the Inflation Reduction Act will bring electric vehicles from various manufacturers to a more affordable price for American families. Image credit: Jaguar

 

The White House is promoting a key piece of U.S. legislation from last year, as a clause from The Inflation Reduction Act of 2022 pertaining to electric vehicles is now active.