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Inflation Reduction Act (IRA) tax credits for batteries in the United States as of 2024, by step of the supply chain

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Release date

January 2025

Region

United States

Survey time period

2024

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IRA tax credits for batteries in the United States, by type

Published by
Doris Dokua Sasu,
Feb 26, 2025

The tax credits for batteries introduced in the United States by the Inflation Reduction Act (IRA) made this energy storage technology more affordable for producers and consumers. Among them was IRA's tax credit for electric vehicles, which amounted to U.S. dollars.

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Topics

Battery industry in the U.S.Electricity in the U.S.Electric vehicles worldwideRenewable energy in the U.S.Energy storage in the U.S.
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