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United States of America (State of Georgia): Battery manufacturer Freyr receives funding for a battery manufacturing plant

Description

On 13 January 2023, the State of Georgia announced USD 101 million in tax credits for the investment of battery manufacturer Freyr for the Giga America battery plant. USD 90 million of this funding wi...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

13 Jan 2023

Revocation date

No revocation date

Implementation level

Subnational

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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