US IRA Officially in Effect, Who Benefits and Who Shall Suffer?
- Jan 05, 2023, at 4:35 pm
- SMM
Specifically, the US will invest about $370 billion in climate and clean energy-related areas, and provide tax credits of $7,500 for new electric vehicles and $4,000 for used electric vehicles targeting US consumers. This policy voices the strong protectionism in the United States.