US

Description

Estimated Value ($ Billion)

30D: Clean Vehicle Tax Credit

Up to $7,500 for new EVs, $4,000 for used Material sourcing requirements, EV price cap, and consumer income limits

45W: Commercial EV Tax Credit

Eligible for tax credit equal to 30% of the vehicle cost

30C: Alternative Fuel Vehicle Refueling Infrastructure Tax Credit

Individual: Lesser of $1K or 30% of the installed cost Commercial: Maximum incentive for project is 30% up to $100K

45X: Advanced Manufacturing Production Credit

$35/kWh for cells, $10/kWh for modules Production in US or US possession Phase out starting in 2029, reducing by 25% each year

Includes technologies, components, materials for EVs, and associated charging or refueling infrastructure Also applies to processing, refining, or recycling

Postal Service Vehicle Electrification

$1.3 billion for vehicles, $1.7 billion for supporting infrastructure

Loan Programs Office

Increases existing and new loan authorities by up to $350 Billion

Advanced Energy Project Tax Credit

Policy Source: Inflation Reduction Act (H.R.5376) IRA Guidebook Congressional Budget Office Analysis Treasury (Nov), Treasury (Dec) & IRS Guidance

Volta Foundation

Extracted from the PDF; charts and images may read imperfectly.