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

Recent Study Strengthens Evidence Dismissing Tylenol-Autism Link Contrary to Trump’s Assertions

A recent comprehensive review has determined that taking Tylenol during pregnancy does…

Sizzling Arrival: Cluckies Hot Chicken Spices Up Johnson City’s Culinary Scene

JOHNSON CITY, Tenn. (WJHL) — Johnson City has welcomed a new culinary…

Federal Judge Halts Detainment and Tear Gas Use on Peaceful Protesters in Minneapolis Immigration Operation

An FBI officer works the scene during operations on Friday, Jan. 16,…

Florida’s Highway Rules: When You Must Yield to These Vehicles

ORLANDO, Fla. – As you travel along Florida’s highways, you often encounter…

ETSU Hosts Virtual Graduation for Ukrainian Student Pursuing Master’s Degree

JOHNSON CITY, Tenn. and KRIVORIVNYA, Ukraine (WJHL) — Pavlo Rybaruk recently shared…

Investigation Findings Challenge Child Sex Abuse Charges Against Actor Timothy Busfield

ALBUQUERQUE, N.M. – Timothy Busfield, an Emmy Award-winning actor, finds himself embroiled…

FAA Issues Caution for Pilots Over Eastern Pacific Amid Increased Military Operations

On Friday, the Federal Aviation Administration (FAA) issued a cautionary advisory to…

Breaking: Trump Administration Halts Wage Garnishment for Student Loan Defaulters

WASHINGTON – In a recent policy shift, the Trump administration has decided…

Tragic Incident: 70-Year-Old Woman Passes Away Following Revenge of the Mummy Ride at Universal Orlando

ORLANDO, Fla. – A tragic incident at Universal Studios has claimed the…

Lee Street Baptist Church Hosts Commemorative Event Honoring Martin Luther King Jr.

Bristol, Va. (WJHL) — On Friday, a church in Bristol, Virginia, organized…

Ukrainian Leaders Visit US for Crucial Peace Discussions Amid Russian Energy Attacks

KYIV – A team from Ukraine touched down in the United States…

Top-Secret Talks: CIA Director’s Unprecedented Meeting with Venezuela’s Acting President in Caracas

WASHINGTON – In a notable diplomatic move, CIA Director John Ratcliffe made…