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Articles tagged with "Inflation-Reduction-Act"

  • Top Used Electric Car Options Before $4,000 Subsidy Is Gone - CleanTechnica

    The article from CleanTechnica highlights the urgency for U.S. consumers to purchase used electric vehicles (EVs) before the $4,000 federal subsidy under the Inflation Reduction Act of 2022 expires on September 30, 2025. This subsidy, which is being phased out due to political opposition, currently applies to used EV purchases and can significantly reduce the cost for buyers. The article lists numerous EV models available in the U.S. market, including popular and luxury brands like Tesla, Ford, Hyundai, Volkswagen, and more, but notes that many newer or premium models exceed the $25,000 price point required to qualify for the used EV tax credit. Focusing on affordable and appealing used EV options that qualify for the subsidy, the article highlights four models: the Ford Mustang Mach-E, Hyundai Ioniq 5, Kia EV6, and Volkswagen ID.4. These vehicles offer a balance of price, range, and passenger space, with many listings available under or around

    energyelectric-vehiclesEV-subsidyInflation-Reduction-Actused-electric-carsclean-energyautomotive-technology
  • US manufacturing investment stumbles as clean tech cancellations pile up

    In the second quarter of 2025, U.S. clean tech manufacturing investments experienced a notable decline, with cancellations outpacing new project announcements for the first time in recent history. According to a report from the Rhodium Group and MIT, companies cancelled $5 billion worth of clean tech projects, primarily battery factories, while only $4 billion in new investments were announced. This represents a 15% drop in actual clean tech manufacturing investments. The downturn follows legislative changes under the "One Big Beautiful Bill," which weakened key components of the Inflation Reduction Act by reducing incentives such as production tax credits and dampening demand for electric vehicles. Earlier cancellations in Q1 were mostly related to electric vehicle production, whereas Q2 saw battery manufacturing projects bearing the brunt of cancellations, despite battery manufacturing still driving $8 billion in new investments. This pullback in clean tech mirrors a broader contraction in U.S. manufacturing investment overall. Data from the U.S. Bureau of Economic Analysis shows that spending on new manufacturing

    energyclean-technologybattery-manufacturingelectric-vehiclesUS-manufacturinginvestment-trendsInflation-Reduction-Act
  • How Republican Policies to Kill EV & Solar Incentives Could Lead to More EV & Solar Sales — With 1 Critical Component - CleanTechnica

    The article discusses the recent Republican-led removal of key electric vehicle (EV) and solar subsidies established by the 2022 Inflation Reduction Act, which is expected to slow growth in these sectors in the U.S. and cause the country to lag behind Europe and China. Despite this, the author suggests that the phaseout of incentives could paradoxically spur a surge in EV and solar adoption in the short term, as consumers and developers rush to take advantage of remaining tax credits before they expire—such as the solar investment tax credit available through 2025 and the EV $7,500 credit ending September 30. This creates a temporary market boost prior to the subsidy removal. A critical condition for this scenario to ultimately benefit the clean energy transition is that Democrats must regain control of Congress and the White House to reinstate these incentives in the future. The article argues that the temporary removal of subsidies could push automakers and solar developers to reduce costs and become more competitive, preparing the market for a stronger resurgence when

    energyelectric-vehiclessolar-powersubsidiesInflation-Reduction-Actclean-energyrenewable-energy
  • Ford Battery Factory In Michigan Fights For Survival - CleanTechnica

    The article discusses the challenges facing Ford’s new battery factory in Marshall, Michigan, amid shifting political dynamics in the U.S. auto industry. Michigan, long considered the heart of American automotive manufacturing, is central to the electric vehicle (EV) revolution, with battery factories crucial for producing affordable EVs and sustaining thousands of jobs. The Biden administration’s 2022 Inflation Reduction Act (IRA) incentivized domestic battery manufacturing through financial rewards rather than mandates, aiming to encourage companies like Ford to build critical EV infrastructure. However, despite adopting a strategy traditionally favored by conservatives—using incentives rather than mandates—the IRA faced fierce Republican opposition, especially after they regained control of Congress. Ford’s Marshall factory, about 60% complete and already producing prototype lithium iron phosphate (LFP) battery cells, is at risk due to potential repeal of IRA incentives and growing anti-China sentiment within the Republican Party. The factory’s partnership with CATL, a leading Chinese battery manufacturer, has sparked political concerns. To address this,

    energybattery-manufacturingelectric-vehiclesFordMichiganInflation-Reduction-ActLFP-cells
  • New US Clean Energy Project Report: More Minus, Less Plus

    The latest report from clean energy organization E2 reveals a mixed picture for US clean energy investments in May 2025. While the country saw $444 million in new clean energy investments, this positive development was overshadowed by $1.4 billion in project cancellations and downscalings, indicating a significant decline in investor confidence. This downturn is largely attributed to political factors, particularly the opposition from the current US administration and the Republican-controlled Congress, which have undermined the support and implementation of the Inflation Reduction Act (IRA)—a key legislative driver of clean energy growth passed in 2022. The IRA initially spurred $132 billion in planned clean energy investments across 42 states, with the potential to create 123,000 permanent jobs. Notably, a majority of these projects and benefits were located in Republican congressional districts, which have suffered the most from recent cancellations and delays. E2 reports that in 2025 alone, over $15.5 billion in investments and 12,000

    energyclean-energyUS-energy-policyInflation-Reduction-Actrenewable-energyenergy-investmentenergy-transition
  • 2 Millions Jobs at Risk if Republicans Repeal Clean Manufacturing Tax Credits - CleanTechnica

    The article discusses the significant job risks posed by a Republican-led House bill that seeks to repeal the Clean Manufacturing Tax Credits established under the Inflation Reduction Act of 2022. According to an analysis by the BlueGreen Alliance, over two million jobs across the manufacturing sector could be lost if the bill becomes law. This includes nearly 300,000 direct manufacturing jobs, more than one million indirect jobs tied to supply chains, and approximately 643,000 induced jobs related to economic activity generated by these sectors. The Alliance emphasizes that these figures are based on company announcements and do not account for projects already canceled, suggesting the actual impact could be even more severe. The job losses would affect a range of states, including both traditionally Democratic and Republican ones, with California, Georgia, Michigan, Illinois, Tennessee, Arizona, and South Carolina each facing over 100,000 jobs at risk. The Alliance highlights that many of these states were won by President Trump in the 2024 election, underscoring the political

    energyclean-manufacturingtax-creditsjob-riskInflation-Reduction-Acteconomic-impactmanufacturing-jobs
  • Republicans in House Who Don't Want Clean Energy Tax Credits Cut Look to Senators to Save Them - CleanTechnica

    The article discusses the political dynamics surrounding clean energy and electric vehicle tax credits established by the Inflation Reduction Act of 2022. Although these incentives disproportionately benefit districts represented by Republican lawmakers, many Republicans initially voted to cut these tax credits to align with party and oil and gas industry interests. However, 13 Republican House members from vulnerable districts, led by Rep. Jen Kiggans (R-VA), have recently expressed strong concerns about provisions that would phase down these incentives and impose strict new supply chain requirements, warning that such measures could threaten billions in investments and thousands of jobs. These lawmakers have appealed to Senate leaders, urging them to restore the tax credits in the final bill to support U.S. energy producers, manufacturers, and workers, emphasizing the need for a "pro-energy growth" approach that balances taxpayer protection with economic opportunity. Notably, while tax credits for renewables face cuts, incentives for nuclear power and biofuels remain intact, reflecting political preferences that may not align with maximizing competitiveness against

    energyclean-energytax-creditsrenewable-energyInflation-Reduction-Actenergy-policyenergy-investment
  • How Cuts To The Inflation Reduction Act Will Hurt Everyday Americans - CleanTechnica

    clean-energysolar-energyelectric-vehiclesInflation-Reduction-Actenergy-costsgreen-jobsclimate-change
  • The Basics of IRA Subsidies and Why It’s Stupid to Kill Them - CleanTechnica

    energyelectric-vehiclessolar-powersubsidiesInflation-Reduction-Actclean-technologyfossil-fuels
  • House GOP wants to cut parts of the Inflation Reduction Act while sparing others

    energyclean-energyelectric-vehiclescarbon-capturebattery-storageInflation-Reduction-Actsustainable-aviation-fuel