Inflation Reduction Act Updates 2024 Toyota. In april 2024, companies announced four manufacturing projects worth just over $2 billion. On august 16, 2022, president biden signed the inflation reduction act (ira) into law, marking one of the largest investments in the american economy, energy security, and climate that.
In order to hasten the ev pivot in the us, president biden has signed the. One year ago, president biden signed the inflation reduction act (ira) into law, which set aside roughly $400 billion in federal funding for clean energy.
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