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
5-Min Monthly
Sign-up to receive newsletter via email
Thank you!
You have successfully joined our subscriber list.
Recent Posts

Cummins new engines introduced and poised to meet MY2027 standards
A round-up of the recently announced engines which will meet the upcoming EPA MY 2027 standards.

Biodiesel and Renewable diesel production in the US hits a speedbump
Biodiesel and renewable diesel production in the U.S. has slowed down significantly in 2025. Here’s why.

Megawatt charging and battery swapping
Two new developments in China which promise to top up your battery in a few minutes, either through very high charging rates or through swapping it out.