November 16, 2023 Presentation Presentation by David H. Austin, an analyst in CBO’s Microeconomic Studies Division, at ICEX España Exportación e Inversiones. View Document598.28 KB Summary Two recent federal policies encourage the adoption of electric vehicles (EVs): The Infrastructure Investment and Jobs Act of 2021 provides up to $7.5 billion in subsidies for new EV charging stations. The 2022 reconciliation act provides tax credits of up to $7,500 per qualifying EV for qualifying buyers. CBO’s projections show the likely effects of those policies on EV demand and EV charger supply. Projecting the Effects of U.S. Federal Policies on Electric Vehicle Demand and the Supply of Charging Stations from Congressional Budget Office Related Publications Modeling the Demand for Electric Vehicles and the Supply of Charging Stations in the United States: Working Paper 2023-06September 7, 2023
Two recent federal policies encourage the adoption of electric vehicles (EVs): The Infrastructure Investment and Jobs Act of 2021 provides up to $7.5 billion in subsidies for new EV charging stations. The 2022 reconciliation act provides tax credits of up to $7,500 per qualifying EV for qualifying buyers. CBO’s projections show the likely effects of those policies on EV demand and EV charger supply. Projecting the Effects of U.S. Federal Policies on Electric Vehicle Demand and the Supply of Charging Stations from Congressional Budget Office
