Policy Update
Summary of IRA section 45W for Commercial Clean Vehicles
Commercial Clean Vehicle Credit published by the U.S. Internal Revenue Service
Reference: “Commercial Clean Vehicle Credit”
Background
Section 45W of the US Inflation Reduction Act (IRA) provides an income tax credit for the purchase of qualified clean commercial vehicles produced from Jan 2023 to end of year 2032.
Full Report Available to MobilityNotes Members
The above is an excerpt; current members receive the full report, including details such as the calculation of residual value of the vehicles.
In 2025, MobilityNotes will have a paid members-only section, with expanded downloadable content, webinars, white papers, international coverage, and more.
For now, subscribe to the free monthly newsletter below.
Sign up here to receive such summaries and a monthly newsletter highlighting the latest developments in transport decarbonization
Recent Posts
EPA Recommends Scrapping GHG Endangerment Finding
The EPA Administrator Lee Zeldin has recommended to the White House that the GHG endangerment finding be scrapped.
Nose jobs, weight loss and skirts. Trucks are getting the ultimate makeover.
Volvo Trucks has recently shown that their new European “FH Aero with I-Save” has 5% lower fuel consumption through an extended front.
Trump Administration Actions and Potential Impact on Transport Decarbonization
A summary of the high-level changes announced by the White House, EPA and other related agencies and their potential impact on the transport sector.
