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

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

Recent figures from the Electrification Coalition indicate that Georgia has garnered over $24 billion in clean energy investments, resulting in 26,000 jobs within the electric vehicle and battery manufacturing fields.

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

Nonetheless, if the proposed bill is passed, it could lead to reductions in Georgia’s EV tax credits, significantly impacting the state’s clean energy sector – affecting everything from charging infrastructure to the production of components.

Anne Blair, VP of Policy at the Electrification Coalition, stated, “The bill included specific provisions for battery production, vehicle manufacturing, and component parts, establishing a robust framework for boosting EV parts and vehicle manufacturing. Now, these tax credits are at risk.”

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

Massive Crowds Nationwide Join ‘No Kings’ Demonstrations

IE 11 is not supported. For an optimal experience visit our site…

Two Minnesota State Lawmakers Injured in Separate Home Shootings Early Saturday Morning

BLAINE, Minn. (AP) — According to Minnesota Gov. Tim Walz, an assassination…

Authorities Continue Hunt for Suspect in Shooting of Two Minnesota State Legislators

BROOKLYN PARK, Minn. (AP) — Hundreds of law enforcement officers spread out…

Tear Gas Used by Police During L.A. Demonstration Near Federal Building

IE 11 is not supported. For an optimal experience visit our site…

UK Launches National Investigation into Organized Child Sexual Abuse Following Musk’s Advocacy

LONDON – The British government has announced plans for a national inquiry…

Storm Team 3: Persistent Heat & Humidity Expected for Father’s Day Weekend

Expect the hot and humid conditions to persist through Father’s Day weekend,…

Minnesota Gov. Tim Walz: Former State House Speaker’s Husband Killed in Politically Targeted Shooting

BLAINE, Minn. (AP) — Minnesota Governor Tim Walz announced that former state…

On Army’s 250th Anniversary, Trump Inducts 250 Soldiers

() 250 Army troops took their Oath of Enlistment from the commander-in-chief…

Idaho Resident Voluntarily Leaves Country; American Family Plans to Relocate as Well

Idaho (ABC4) — Cenobio Feliciano-Galeana came to the U.S. illegally when he…

Suspect Deceased, Deputy Gravely Injured in Frostproof Shooting

FROSTPROOF, Fla. (WFLA) — A shootout in Frostproof resulted in a suspect’s…

Details Revealed About the Minnesota Shooting Suspect

() A manhunt is underway for alleged Minnesota shooter Vance Luther Boelter,…

Osceola County Officers Fatal Shooting Involving Armed Teen

OSCEOLA COUNTY, Fla. – On Saturday afternoon, deputies from Osceola County fatally…