Congress on Friday passed climate legislation with tax incentives aimed at speeding adoption of medium and heavy-duty trucks, particularly those serving the last-mile delivery sector.
The U.S. House voted along party lines, 220-207, to approve the Democrat-backed Inflation Reduction Act of 2022 (IRA), a $745 billion package that contains grants and incentives to reduce the cost of clean energy and healthcare, along with tax reforms.
The IRA, a pared down version of President Joe Biden’s “Build...
https://www.freightwaves.com/news/congress-approves-incentive-boost-for-ev-truck-purchases