Federal EV and battery subsidies may cost US$575 billion more than budget as tax credit recipients multiply

[Redaktion]

New financial analysis claims that the government may have lowballed the 10-year cost of the green energy subsidies in the Inflation Reduction Act by a factor of three. Not only could the electric car tax credits be US$379 billion more than planned, but the battery production subsidies would pile US$196 billion more than the advertised spending.

https://www.notebookcheck.net/Federal-EV-and-battery-subsidies-may-cost-US-575-billion-more-than-budget-as-tax-credit-recipients-multiply.703698.0.html