Electric vehicle policy chad

This paper examines how the law, its implementing regulations, policy decisions on leasing, as well as potential critical minerals agreements all have the potential to affect the electric vehicle (EV) supply chain.

Climate change: 38% of US CO2 emissions is transportation. 58% of that is personal vehicles. 25% of that is commercial trucks/buses. US consumers were not switching to EVs quickly enough. only 5% of new US vehicle penetration in 2021, compared to 16% for China and 18% for EU.

Table 1 Key events affecting US policy on electric vehicles Date Event 15 November 2021 President Biden signs into law the Infrastructure Investment and Jobs Act (House: 228–206; Senate 69–30). The bipartisan legislation includes funding of up to $7.5 billion for EV charging stations. 19 November 2021

How should future economic research evaluate the success of the Clean Vehicle Tax Credit and the full suite of Biden administration policies to promote EV adoption; decarbonize transportation; and drive EV production and supply chains into the U.S., North America, and free trade agreement partners?

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