This includes fully electric vehicles and plug-in hybrid vehicles.
 IEA, Global EV Outlook 2022
 Reuters, Analysis: Musk’s bold goal of selling 20 million EVs could cost Tesla billions
 In this report, Atlas defines “allocated” investments as those for a specific manufacturing facility. Atlas defines “announced” investments to include allocated investments as well as unspecified investment announcements such as GM’s announcement that it will invest $35 billion by 2030.
 U.S. Energy Information Administration, Annual Energy Outlook 2022, projects 15.2 million light-duty vehicle sales in 2030 under its reference scenario.
 Section 40207 of IIJA (Battery Processing and Manufacturing grants), Section 50142 of IRA (the Advanced Technology Vehicle Manufacturing program provides loans for low or zero-emission vehicles and IRA removes a previous $25 billion cap on loan authority), and section 50143 of IRA (Domestic Manufacturing Conversion Grants)
 Section 50141 from IRA (DOE Loan Program) and section 13501 of IRA (Extension of the Advanced Energy Project Credit (48C))
 Section 13401 of IRA (Clean Vehicle Credit (30D)), section 13402 of IRA (Credit for Previously-Owned Vehicles (36E)), section 13403 of IRA (Qualified Commercial Clean Vehicles (45W))
 IRA authorized up to $40 billion of loans for projects eligible under the Energy Policy Act. Note however that IRA appropriates a smaller amount of funding for this program.
 IRA states the total amount of credits which may be allocated under the program shall not exceed $10 billion. Note however that IRA appropriates a smaller amount of funding for this program.
 Funding based on Estimated Budget Effects of the Revenue Provisions of IRA.
 These funding totals are a result of Atlas’s efforts to identify all sections of IRA that could provide funding for climate investments. There may be additional sections of the law that could fund climate investments.
 Atlas Public Policy, EV eligible funding in IIJA and IRA represents nearly 30 times the total EV funding awarded by U.S. government to date.