Auto Innovators will host a 90-minute workshop later this afternoon regarding the Inflation Reduction Act at 2:00 pm, on August 23, Tuesday.
During the workshop, the company will discuss the various provisions of the law that President Biden signed last August 16, as per the News & Insights report of the RV Industry Association.
The 90-minute workshop will focus on the following areas of the Inflation Reduction Act that pertain to the auto sector, including:
- Implementation Timeline
- Manufacturing incentives for EV production/supply chain improvements
- 30D – Tax Credit for Clean Vehicles
- Tax Credit for Previously-Owned Clean Vehicles
- 45W Qualified Commercial Vehicle Credit
- Implementation and Guidance Areas
- Member Q&A
Click here to access a PDF version of the slides that will be used during the workshop on how the company believes various provisions will function upon enactment or how they will play out based on future Treasury Department guidance.
The Inflation Reduction Act is a sweeping package to combat climate change, lower health care costs, raise taxes, reduce the deficit, and provide significant new funding for National Parks and public lands contains several provisions of specific interest to RV manufacturers and suppliers.
How about checking out the workshop today? It’s all about maximizing tax credits and incentives under the Inflation Reduction Act. Sounds like a game-changer for the RV industry!