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Policies

Inflation Reduction Act 2022: Sec. 50143 Domestic Manufacturing Conversion Grants

Last updated: 7 June 2024

The U.S. Inflation Reduction Act of 2022 allocates USD 2 billion for grants to cover up to 50% of the cost of projects which contribute to increased domestic production of electric vehicles, including hybrids and hydrogen fuel cell electric vehicles. 

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