IF you want to get a new electric vehicle this year, the rest of this month is likely to be a confusing, tense time

Friday, the House passed the Inflation Reduction Act (IRA)

which includes about $370 billion in energy and climate investment

The group estimates that the timeline of the bill on the way to the President’s desk buys shoppers about two weeks from today

The tax credit goes away for the rest of the year—probably

Under the revised credit, certain vehicles that currently qualify for the credit soon won’t due to new MSRP caps

That will hinge on state rules regarding purchases

That could lead to quite the run over the next week or so, as EV shoppers rush to complete their purchase