WASHINGTON, D.C.—The Zero Emission Transportation Association’s Executive Director, Albert Gore, issued the following statement in response to the release of guidance for the Alternative Fuel Vehicle Refueling Infrastructure Tax Credit (30C) by the Treasury Department and Internal Revenue Service (IRS) today:
“Developing our nation’s charging infrastructure is crucial to the EV transition. The Alternative Fuel Vehicle Refueling Infrastructure Tax Credit, also known as ‘30C’, provides significant support for individuals and businesses looking to install EV charging infrastructure on their properties and will attract investment into rural and lower-income communities. As the principal incentive for charging infrastructure, 30C plays an outsized role in transitioning our nation to electric vehicles.
“2023 was a record year for the EV industry. Not only did we surpass one million EV sales in a calendar year, but we also now have 170,000 publicly available EV chargers across the country. The Biden Administration set a goal of deploying 500,000 public chargers by 2030. To realize this ambitious goal, the 30C tax credit must be implemented effectively. We look forward to working with the Treasury and the IRS as they finalize guidance to ensure this decade-long incentive helps us fully harness the benefits from the IRA and achieve 100% EV sales in the United States.”
The Zero Emission Transportation Association (ZETA) is a federal coalition focused on advocating for 100% EV sales. ZETA is committed to enacting policies that drive EV adoption, create hundreds of thousands of jobs, secure American global EV manufacturing leadership, drastically improve public health, and significantly reduce carbon pollution.