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United States of America (State of South Carolina): VW-backed Scout Motors receives incentives from the State of South Carolina for their EV investment

Description

On 14 March 2023, South Carolina General Assembly issued a resolution appropriating USD 200 million in loans to support Scout Motors’ electric vehicle investment in South Carolina. Funding will be use...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

14 Mar 2023

Revocation date

No revocation date

Implementation level

National

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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