How the Inflation Reduction Act is driving U.S. job growth across the electric vehicle industry
Visualization
Projected growth in U.S. jobs compared with 2024 under the With IRA and Without IRA scenarios
This figure summarizes our findings on the job growth that would occur from 2026 through 2030 (compared with 2024) with and without the EV-related provisions in the IRA. Each bar shows the impacts in the vehicle production, battery manufacturing, and charging infrastructure industries, with the net impact across all three sectors indicated by a gray circle. We project that the IRA would drive a net creation of more than 118,000 new direct jobs across the U.S. vehicle, battery, and charging industries from 2026 to 2030. The repeal of the IRA would lead to a net loss of approximately 130,000 jobs in 2030 compared with a case with the IRA. We find that, if the IRA were repealed, there would be a net loss of jobs that exist today, starting in 2026.