Tell Congress to sustain the IRA’s EV tax credits!
China’s world-leading electric vehicle maker BYD recently unveiled revolutionary new ultra-fast charger technology. The Super e-Platform can provide 470 kilometers of battery range in 5 minutes — about as fast as it takes an old-style gas-powered car to refuel. BYD will start selling Han L and Tang L car models able to use these ultra-chargers in April 2025 and plans to use the platform for many of its future vehicles. Notably, BYD’s car sales saw a 161% increase from February 2024 to February 2025 and is rapidly increasing its exports around the world.
The clean electric future of the automobile looks more inevitable than ever. And if Congress isn’t careful, China could take an insurmountable lead in EV manufacturing, delivering clean, affordable cars to the world and turning America’s auto industry into an obsolete backwater. Existing American efforts to build out a competitive domestic electric vehicle industry have already delivered a promising new manufacturing boom, but this build-out is existentially threatened by executive-branch chaos and medium-term legislative uncertainty.
Ten big new electric vehicle battery factories are currently planned to go online across the United States in 2025, with most construction already complete. If they all open, this will nearly double America’s EV battery manufacturing capacity in one year. These ten domestic EV battery factories are set to create multitudes of good-paying skill-building U.S. manufacturing jobs while reducing air pollution and economically revitalizing entire regions of the country’s neglected heartland!
All the government has to do to make that happen is not tear down the law that made it possible. These innovations are directly supported by the Inflation Reduction Act’s landmark tax credits for domestic electric vehicle manufacturing and indirectly incentivized by IRA tax credits to help Americans purchase U.S.-made EVs.
Steadfast support for this burgeoning American manufacturing sector is vital to keeping the U.S. globally competitive with the manufacturing behemoth that is China. A recent report from Princeton calculates that canceling the IRA’s EV tax credits would likely devastate the U.S. manufacturing sector.
The current Congress will soon decide whether to keep these vital policies — which have substantial bipartisan support, so it’s very much still up in the air. Your voice could help make the difference.
Tell Congress to sustain the IRA’s EV tax credits!