The repeal of the Inflation Reduction Act (IRA) would wipe out thousands of US jobs, especially in the booming EV and battery manufacturing sectors, according to a new report from the International Council on Clean Transportation (ICCT).
IRA job creation is at stake
Since the IRA’s passage in 2022, the ICCT writes that automakers and battery manufacturers have committed around $125 billion to US-based projects, creating hundreds of thousands of American jobs. (The BlueGreen Alliance’s EV Jobs Hub puts announced EV investment even higher, at $212.5 billion.)
The ICCT’s new study, “How the Inflation Reduction Act is driving US job growth across the electric vehicle industry,” projects that the IRA would drive a net creation of more than 118,000 new direct jobs across the US EV, battery, and charging industries from 2026 to 2030.
However, if key provisions of the IRA are rolled back, up to 130,000 direct manufacturing jobs would be lost by 2030. An IRA repeal would cause direct job losses of about 30,600 in vehicle production, 85,000 in battery manufacturing, and 14,200 in charging infrastructure.
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Moreover, another 310,000 indirectly connected jobs could vanish by 2030. Stephanie Searle, chief program officer at ICCT, said, “These job losses would cascade throughout the economy, affecting not just autoworkers but also employees in mineral processing, retail, hospitality, and others dependent on a strong manufacturing base.”
According to ICCT’s analysis, states that have become hubs for EV and battery production – like Michigan, Texas, and Tennessee – face the most significant losses. Michigan alone can lose nearly 16,000 jobs, with Texas and Tennessee potentially shedding around 13,000 jobs. The ripple effects would extend beyond factories, impacting retail, hospitality, and mineral processing businesses.
This alarming outlook comes as US policymakers plan to impose a new 25% tariff on imported vehicles to bring manufacturing jobs back home. However, ICCT’s study demonstrates that Joe Biden’s signature policy has already achieved a domestic manufacturing boom and job creation.
“Most of the job losses associated with IRA repeal are in the Midwest and southern states, where significant EV and battery investments have been announced,” noted Peter Slowik, co-author of the report. “The 15 states where we project the greatest number of jobs at risk are Michigan, Texas, Tennessee, Nevada, California, Kentucky, Georgia, Ohio, Indiana, North Carolina, South Carolina, Illinois, Arizona, New York, and Alabama.”
Electrek’s Take
The current administration claims to want to create domestic manufacturing and jobs. It just wants to do it with the stick (tariffs) instead of the carrot (IRA tax credits). The thing is, the carrot is already working. Investors have already said they will pull out without incentives. The stick is going to beat the EV and battery industry to death, and some states are going to suffer a lot more than others. The irony is, some of those states are the biggest supporters of the Trump administration’s policies.
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Credit where credit is due: in a massive, 32-car multinational independent test, Tesla’s Autopilot ADAS came out on top, the new affordable Tesla turns out to be a corner-cutting Model Y, and one of the company’s original founders compares the Cybertruck to a dumpster. All this and more on today’s episode of Quick Charge!
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Tesla is again teasing the new Roadster, which is now five years late, as “the last driver’s car” before self-driving takes over.
The chicken or the egg. Is Tesla delaying the Roadster to match the development of self-driving technology, or is it delaying the development of self-driving technology to match the delayed release of the Roadster?
The prototype for the next-generation Tesla Roadster was first unveiled in 2017, and it was initially scheduled to enter production in 2020; however, it has been delayed every year since then.
It was supposed to achieve a range of 620 miles (1,000 km) and accelerate from 0 to 60 mph in 1.9 seconds.
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It has become a sort of running joke, and there are doubts that it will ever come to market despite Tesla’s promise of dozens of free new Roadsters to Tesla owners who participated in its referral program years ago.
Tesla used the promise of free Roadsters to help generate billions of dollars worth of sales, which Tesla owners delivered; however, the automaker never delivered on its part of the agreement.
Furthermore, many people placed deposits ranging from $50,000 to $250,000 to reserve the vehicle, which was initially scheduled to hit the market five years ago.
When unveiling the vehicle, CEO Elon Musk described it as a “halo car” that would deliver a “smack down” to gasoline vehicles.
That was almost eight years ago, and many electric hypercars have since launched and delivered this smackdown.
Tesla has partly blamed the delays on improving the next-gen Roadsters and added features like the “SpaceX package,” which is supposed to include cold air thrusters to enable the vehicle to fly – Musk has hinted.
Many people don’t believe any of it, as Tesla has said that it would launch the new Roadster every year for the last 5 years and never did.
Now, Lars Moravy, Tesla’s head of vehicle engineering, made a rare new comment about the next-generation Roadster during an interview at the X Takeover event, an annual gathering of Elon Musk cultists, last weekend.
He referred to Tesla’s next-gen Roadster as the “last best driver’s car” and said that the automaker did “some cool demos” for Musk last week:
We spent a lot of time in the last few years rethinking what we did, and why we did it, and what would make an awesome and exciting last best driver’s car. We’ve been making it better and better, and it is even a little bit more than a car. We showed Elon some cool demos last week and tech we’ve been working on, and he got a little excited.
We suspected that the comment might be about the Tesla Roadster, as the CEO made the exact same comment about Roadster demos in 2019 and 2024. You will not be shocked to hear that these demos never happen.
Electrek’s Take
The “last best driver’s car” before computers are going to drive us everywhere. It’s a self-fulfilling prophecy if you continue to delay the car. It might literally be the last car ever made that way. How would we ever know?
The truth is that the Roadster was cool when it was unveiled in 2017, but that was a long time ago. Tesla would need to update the car quite a bit to make it cool in 2025, and I don’t know that cold air clusters are it. You will have extreme limitations using those.
The Roadster is almost entirely in the “put up or shut up” category for me at Tesla. They need to stop talking about it and make it happen; otherwise, I can’t believe a word.
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The PV5 is already available in several markets, but will Kia launch it in the US? After Kia’s electric van was spotted testing in the US again, a US debut could be in the works.
Is Kia’s electric van coming to the US?
Kia launched the PV5, the first dedicated electric van from its new Platform Beyond vehicle (PBV) business, in South Korea and Europe earlier this year, promising it will roll out in “other global markets” in 2026.
Will that include the US? Earlier this year, Kia’s electric van was caught charging at a station in Indiana. Photos and a video sent to Electrek by Alex Nguyen confirmed it was, in fact, the PV5.
Kia has yet to say if it will sell the PV5 in the US, likely due to the Trump Administration’s new auto tariffs. All electric vans, or PBVs, including the PV5, will be built at Kia’s Hwaseong plant in South Korea, which means they will face a stiff 25% tariff as imports.
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Following another sighting, a US debut cannot be ruled out. The PV5 Passenger model was spotted by Automotive Validation Engineer Chris Higa (@Chrisediting) while testing in Arizona.
There’s no denying that’s Kia’s electric van, but it doesn’t necessarily confirm it will launch in the US. But it could make sense.
Despite record first-half sales in the US, Kia’s EV sales have fallen significantly. Sales of the EV9 and EV6 are nearly 50% less than in the first half of 2024.
To be fair, part of it is due to the new model year changeover, but Kia is also doubling down on the US market by boosting local production. Earlier this year, Kia said the EV6 and EV9 are now in full-scale production at its West Point, GA, facility.
The PV5 Passenger (shown above) is available in Europe with two battery pack options: 51.5 kWh or 71.2 kWh, rated with WLTP ranges of 179 miles and 249 miles, respectively. The Cargo variant has the same battery options but offers a WLTP range of either 181 miles or 247 miles.
During its PV5 Tech Day event last week, Kia revealed plans for seven PV5 body types, including an Open Bed (similar to a pickup), a Light Camper, and even a luxury “Prime” passenger model.
Kia PV5 tech day (Source: Kia)
Kia is set to begin deliveries of the PV5 Passenger and Cargo Long variants in South Korea next month, followed by Europe and other global markets, starting in Q4 2025. As for a US launch, we will have to wait for the official word from Kia.
Do you want Kia to bring its electric van to the US? Drop us a comment below and let us know your thoughts.