Automotive News | The end of EV tax credits begs the question – What happened?
Contributor
- Todd Cassidy, Managing Director
Todd Cassidy, Managing Director in the Investment Banking practice at Portage Point Partners, shared insights with Automotive News on the electric vehicle (EV) market impact of disappearing federal tax credits established by the Inflation Reduction Act (IRA).
The article notes that despite disappearing tax credits, EV sales are not expected to plunge. “While IRA Electric Vehicle tax credits will sunset, new EV launches will continue to be a growing part of the new model lineup,” says Todd.
Read the article on Automotive News.
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