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Motor1
Motor1
Business
Jacob Oliva

Audi Could Build EV Plant In The US Due To Inflation Reduction Act

Audi is considering building a factory in the United States to take advantage of tax incentives offered under the Inflation Reduction Act (IRA), Automotive News Europe reports. The IRA, which was passed in August 2022, offers subsidies and tax incentives for domestically produced green industry products, including a $7,500 consumer tax credit to buyers of North American-made electric vehicles.

However, Audi is currently not eligible for these incentives since it does not have a plant in the US. Markus Duesmann, CEO of Audi, told the German newspaper Frankfurter Allgemeine Sonntagszeitung in an interview that the IRA has made "building a US plant for electric cars very attractive."

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