The Climate Bill – also known as the Inflation Reduction Act – is set to redefine which vehicles are eligible for a federal tax credit discount. The bill – which recently was passed by the senate – could stand to knock thousands of dollars off the sticker price of an EV, but at the same time it is also redefining which cars are eligible.

So who qualifies? I speak to WSJ’s Mike Colias to find out more.

0:00 Trying to buy an EV in the U.S. right now is like choosing a video game character
0:51 Current EV tax credits explained
1:51 The EV winners and losers of Biden’s Inflation Reduction Act
4:15 Climate bill EV takeaways

I'm George Downs, a WSJ video journalist fascinated by how technology is changing how we get from A to B. If you're interested in the future of mobility or how modern transportation can impact our lives– from EVs to eVTOLs, and beyond – then don't forget to subscribe.

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