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U.S. BEV/PHEV Demand Hits Record Prior to Final IRA Rules Kicking In

Executive Summary

While the Inflation Reduction Act has accelerated future plans by several automakers to build more electrified vehicles locally, using the lease incentive as an end run will help prop demand for BEVs and PHEVs in the short term, partially offsetting the negative impact from most plug-in electrified vehicles not qualifying for buyer credits.








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