Electrification is expected to bring a serious boost to the United States economy, as more and more models are produced locally.
According to the registration data from Experian , about 75 percent of all-electric cars, registered in the first 11 months of 2022, were produced in the US. That's a very significant portion and the share of US-made BEVs is expected to further increase thanks to the Inflation Reduction Act , which incentivizes local production of electric vehicles and batteries. Vehicles that do not comply with the IRA requirements will not be eligible for up to $7,500 of the federal tax credit, which is a massive competitive disadvantage.with 431,740 units and a share of 64 percent . All of the Tesla vehicles were also produced in the US.