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Sep. 8, 2024
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Sustainability

White House boosts Inflation Act as EV tax credit goes into effect

January 3, 2023

Starting this year, the Inflation Reduction Act will bring electric vehicles from various manufacturers to a more affordable price for American families. Image credit: Jaguar Starting this year, the Inflation Reduction Act will bring electric vehicles from various manufacturers to a more affordable price for American families. Image credit: Jaguar

 

By Luxury Daily News Service

The White House is promoting a key piece of U.S. legislation from last year, as a clause from The Inflation Reduction Act of 2022 pertaining to electric vehicles is now active.

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  1. Off the Cuff: A Q&A with Stuart Weitzman's Kaisy Mae O’Reilly
  2. Auberge Resorts, Mercedes-Benz launch fall concert series
  3. Supermodel Naomi Campbell spearheads design at Hugo Boss
  4. Chopard welcomes Bella Hadid as global ambassador
  5. Emirates develops new fragrances for first, business class flyers
  6. Lexus signs first-ever surf ambassador
  7. Luxury Unfiltered: Burberry is on the brink of self-destruction as it taps a new CEO
  8. Orient Express lends locomotive to 'Mission: Impossible' crew
  9. Carolina Herrera honored for 35 years of fashion contributions
  10. Shiseido celebrates 150 years of beauty innovation
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