Dearly beloved, we are gathered here today to celebrate the life of the electric vehicle tax credit .

Signed into law by former President Joe Biden in 2022 as part of the Inflation Reduction Act, for the duration of its three-year life, the electric vehicle tax credit eased the financial burden for manufacturers and consumers as Americans embarked on the transition from fossil fuel-dependent cars to the more climate-friendly electric option.

The transition to cleaner electric vehicles is a key part of the global effort to reduce humanity’s carbon footprint and fight against climate change. But electric vehicles are a new industry, the technology is still expensive and growing, and they have a tough fight against the heavily established, and still directly and indirectly subsidized fo

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