Federal EV cuts could impact Georgia
Share this @internewscast.com

ATLANTA (WJBF) – A proposed bill in Congress could eliminate Georgia’s electric vehicle tax credits and now heads to the United States Senate.

According to the latest information from the Electrification Coalition, Georgia has received over $24 billion in investments related to clean energy, which has led to the creation of 26,000 jobs within the electric vehicle and battery production sectors.

The investment has sparked training programs in EV and battery workers in schools and colleges to create the next pipeline of workers.

Despite this, a proposed bill might cause a reduction in Georgia’s EV tax credits, potentially delivering a significant blow to the state’s clean energy market, impacting everything from the establishment of charging stations to the production of components.

“This initiative established important guidelines for the production of batteries, manufacturing of vehicles, and component parts, fostering a robust system to promote EV parts and manufacturing. Now, however, these tax credits face a risk,” explained Anne Blair, Vice President of Policy at the Electrification Coalition.

The Peach State is one of the top three states in the Southeast committing to electric school buses.

The tax credits on the chopping block include:

  • $7500 for the purchase of a new electric vehicle
  • 30% tax credit for a single item up to 100-thousand dollars
  • $7500 for the purchase of eligible commercial EV
  • $4000 for the purchase of an eligible used EV
Share this @internewscast.com
You May Also Like

Bodycam Footage Reveals Bryan Kohberger’s Traffic Stop Months Prior to Killings

() Footage has been released showing Bryan Kohberger being pulled over for…

RICO Charges Brought in Historic Burke County Embezzlement Case

BURKE COUNTY, Ga. () – Susan Jennifer Perez Godbee Wimberly, who works…

115 Pets Rescued From Denver House: Here’s How You Can Lend a Hand

DENVER (KDVR) There are 115 animals currently being cared for by the…

Prosecutors: Man Executes Daughter-in-Law Due to Divorce Papers

ROLLING MEADOWS, Ill. Prosecutors say the man charged with shooting and killing…

Detective Reveals Kohberger Sought ‘Dominance’ During Post-Murder Interview

() Retired homicide detective Chris McDonough believes Bryan Kohberger wanted to have…

Marion County Woman Charged with Animal Cruelty for Neglecting Malnourished Horse

MARION COUNTY, Fla. – A young woman, aged 22, is being charged…

Screwworm Nearing US Border, Poses Threat to Texas Cattle Industry

McALLEN, Texas (Border Report) — The deadly parasitic New World screwworm has…

Senate Floor Sees Intense Debate as Democrats Disagree on Police Funding

The Senate witnessed an unusual and intense dispute among Democrats on Tuesday…

Charges Against LA Pastor Are Just ‘the Beginning,’ Says Reporter

() After federal and local law enforcement raided the home of Los…

Trump Claims Epstein Recruited Young Female Employees from Mar-a-Lago Spa

President Trump claimed Tuesday that Jeffrey Epstein “took” young women working at…

Tsunami Watch Issued for Western US Following 8.8 Magnitude Earthquake in Eastern Russia

(KTLA) — An 8.8 magnitude earthquake that occurred in Eastern Russia has…

Oklahoma Lawyer Detained for Trying to Kidnap Child from Daycare

OKLAHOMA CITY (KFOR) An Oklahoma-licensed attorney has been arrested for allegedly trying…