What the Inflation Reduction Act means to the automotive industry

For the automotive industry, the Inflation Reduction Act of 2022 (IRA) included several relevant provisions and updates relating to:

• New tax credits and incentives related to clean energy and manufacturing
• Updates to existing tax credits and incentives
• How to monetize tax credits

Businesses in the automotive industry should explore new ways to optimize their tax strategies in light of these updates – some of which could provide tax savings for several years to come.

In this webinar, Devin Hall, managing partner of the energy industry team at Crowe, shares valuable insights on tax credits and incentives in the IRA. He also examines ways in which automotive companies could benefit from credits and incentives for clean vehicles, electric vehicle charging credits, and credit monetization.

By the end of this session recording, participants will be able to:

• Evaluate the various aspects of the IRA, including valuable tax considerations and tax-planning strategies
• Evaluate the climate and energy incentives included in the IRA as well as the IRA’s relevance to the automotive industry
• Understand how to monetize tax credits

Note: Only attendees of the live webinar are eligible for CPE or CLE credit for qualifying webinars. If you view the webinar recording on this page you may not be eligible for CPE or CLE. For questions about CPE contact [email protected]. Additional CPE information.