Global Trade Alert
Global Trade Alert

United States of America/State of California: $12.725 million tax credit for the production of electric vehicles

Announcement

14 Apr 2016

In April 2016, announced a targeted tax change.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

14 Apr 2016

Revocation date:

No revocation date

Updated: 14 Apr 2016
Tax or social insurance relief In force

On April 14, 2016 GO-Biz awarded a California Competes Tax Credit of $12,725,000 to Faraday and Future, Inc. in an agreement to manufacture electric vehicles including competitive racing and...

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