article thumbnail

Inflation Reduction Act – How It Supercharges the Electric Vehicle Industry

EV Match

half a world away, the Chinese island of Hainan announced it would ban sales of fossil fuel-powered vehicles a full five years earlier, by 2030. Some pundits have said that the landmark 2015 Paris Accord international treaty on climate change, which the U.S. rejoined on President Joe Biden’s first day in office, didn’t go far enough.