Tag Archives: Inflation Reduction Act

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Electric vehicles and the Inflation Reduction Act: Transport Evolved breaks down what you should know

The Inflation Reduction Act (IRA) has a huge number of clean energy and clean transportation focused components to it. Watch Kate from Transport Evolved share some highlights of the recently passed IRA and specifically how it will impact buying an electric vehicle (EV) in the U.S.

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inflation reduction act

What you should know about the Inflation Reduction Act

Over the past year, clean energy legislation has been a rollercoaster: one minute, we thought we’d reached an agreement, and the next, it seemed like the 177th Congress would never pass a climate bill. Finally, after a year of uncertainty, on August 16, 2022, President Biden signed into law the most significant investment in climate action to date – the Inflation Reduction Act (IRA). In this article, we’ll explain how this bill could help you save through electrification, whether you’re a homeowner, renter, business owner, or running a nonprofit organization. 

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