Q: Are there federal policies which support electric vehicle and EV charging adoption?
Yes and no. With the passage of the Inflation Reduction Act in 2022, the US federal government now offers tax incentives amounting to $7,500 for a new EV purchase and $4,000 for a used EV purchase. The incentives can now be applied at the point of sale and purchasers must also meet certain requirements to be eligible. At this time, no federal incentives can be applied to EV charging hardware or networking solutions.