WASHINGTON, D.C. – Autos Drive America President and CEO Jennifer Safavian issued the following statement in reaction to the Senate passage of the Inflation Reduction Act of 2022:
“International automakers are investing heavily in the United States to boost electric vehicle (EV) production—both to meet the demand of consumers and our shared climate goals. It will take time for automakers to transition supply chains and meet the sourcing requirements in the Senate-passed Inflation Reduction Act.
“It is disappointing that the Clean Vehicle Credit does not recognize the need to work with our allies as supply chains are being developed within the North American region. A straightforward consumer incentive credit is the best tool to enable the transition towards a cleaner future, but the Inflation Reduction Act effectively leaves consumers behind.
“When the Administration begins implementing the Inflation Reduction Act, it is our hope that we can all work together to enable more consumers to make the transition to cleaner vehicles.”