The electric vehicle (EV) industry is facing a mix of challenges and opportunities as the Trump Administration’s recent policies and tariff announcements take effect in the market. In its first three months, the Trump...more
In this Issue: Mission is Market -
As with many, we in the Foley Hoag energy and climate practice have felt the results of the 2024 election reverberate through our industry. We’ve gathered and digested the most current...more
12/20/2024
/ Biden Administration ,
Charging Stations ,
Clean Energy ,
Climate Change ,
Electric Vehicles ,
Electricity ,
Energy Projects ,
Energy Sector ,
Energy-Efficiency Tax Credits ,
Environmental Justice ,
Environmental Policies ,
Environmental Protection Agency (EPA) ,
Funding ,
Inflation Reduction Act (IRA) ,
Investment ,
Investors ,
Legislative Agendas ,
Production Tax Credit ,
Regulatory Agenda ,
Renewable Energy ,
Tariffs ,
Tax Credits ,
Trump Administration ,
U.S. Treasury
Looking at 2024 EV sales, the U.S. made meaningful strides toward achieving the Biden Administration’s goal of having 50% of all new vehicle sales be electric by 2030. Since the IRA was enacted, purchases of zero-emission...more
In June 2024, the U.S. Department of the Treasury and IRS announced that U.S. consumers have saved more than $1 billion in upfront costs on their purchase of more than 150,000 clean vehicles since January 1, 2024, thanks to...more
9/10/2024
/ Automotive Industry ,
Biden Administration ,
Charging Stations ,
Clean Energy ,
Climate Change ,
Electric Vehicles ,
Energy Policy ,
Energy Sector ,
Green Energy ,
Infrastructure ,
Popular ,
Public Transportation ,
Renewable Energy ,
State and Local Government ,
Transportation Industry
Since our last quarterly EV Roundup, the Biden Administration has continued to increase investment in EV infrastructure across the United States and support tax credits for the domestic EV industry in its efforts for EVs to...more