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Global Trade Alert

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United States of America/State of Nevada: Incentives package for Faraday Future electric vehicles

Description

On December 18-19, 2015 the Nevada state legislature approved a bill (SB1) that provides inter alia for a tax incentive package that will bring electric vehicle startup Faraday Future and a $1 billion...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

19 Dec 2015

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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