Latest Inflation Reduction Act Tax Credit Guidance will Expand Access to Electric Vehicle Charging and Promote Build Out of Nationwide Network

The Zero Emission Transportation Association’s Executive Director, Albert Gore, issued the following statement in response to the release of a proposed rule implementing the Alternative Fuel Vehicle Refueling Infrastructure Tax Credit (30C) by the Treasury Department and Internal Revenue Service (IRS):

“One of the great things about driving an EV is that drivers can charge while their vehicle is parked, rather than adding another errand to their busy day. The Alternative Fuel Vehicle Refueling Infrastructure Tax Credit, also known as ‘30C,’ is designed to support this by incentivizing individuals and businesses to build charging infrastructure in our communities—whether it is at work, at home, or at retail locations. By issuing this proposed rule, Treasury and the IRS are beginning to provide the regulatory certainty needed to move these investments forward.

“Developing our nation’s charging network is crucial to transportation electrification. As one of the principal incentives for charging infrastructure, 30C will help fill in charging gaps and attract investment to rural and lower-income communities. It will also help comfort potential EV drivers with the transition, as they see more publicly-available infrastructure. 

“ZETA applauds Treasury and the IRS for publishing 30C’s proposed guidance and for meaningfully engaging with industry stakeholders to develop this proposed rule. This is an important next step in the meaningful advancement of the EV supply chain. We look forward to continuing to participate in this process during the public comment period.”

Zero Emission Transportation Association | zeta.org