Study after study has concluded that the law has been a tremendous boon for a nascent industry to build electric cars and reach far back into the supply chain to mine, process and assemble their batteries. One of the most recent assessments, released Monday by the business-oriented nonprofit E2, tabulated that in the year since the Inflation Reduction Act cleared Congress, private industry has committed $56 billion into the EV ecosystem, to build everything from battery materials to charging stations. That comes on top of the substantial EV investments from automakers’ earlier commitments and money from 2021’s bipartisan infrastructure law.

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E2: USDA $3B New ERA Investment Will Strengthen Rural Economies, U.S. Grid

WASHINGTON – The United States Department of Agriculture (USDA) announced over $3 billion in new funding from the Empowering Rural America (New ERA) investment passed in the Inflation Reduction Act (IRA). Including today’s announcements, the USDA has now an...


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REPORT: North Carolina Home to 110K Clean Energy Jobs, #9 in U.S., as Industry Outpaces Overall Economy

North Carolina ranks 9th for clean energy jobs Clean energy added jobs more than 50 percent faster than overall NC economy Storage and grid modernization jobs grew 10 percent in 2023 1,100 new manufacturing jobs added Raleigh...


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IRA Survey/Report: Major Clean Energy Projects Since IRA to Add $238B, 600K Jobs; Businesses Say Repeal Would Result in Layoffs, Losses, Closures

Washington, D.C. – Clean energy companies say the federal Inflation Reduction Act (IRA) has dramatically boosted their businesses, and that repealing or rolling back the landmark climate and clean energy law would result in substantial losses, layoffs, and ...


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