Global Trade Alert
Global Trade Alert

United States of America (State of Tennessee): Tennessee supports the electric vehicle and battery investment of Ford Motor Company

Announcement

19 Oct 2021

In October 2021, the State of Tennessee announced support for an electric vehicle and battery investment of Ford Motor Company.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

19 Oct 2021

Revocation date:

No revocation date

Financial grant In force

On 19 October 2021, the General Assembly of the State of Tennessee issued Senate Bill 8002 extending USD 500 million in grants to Ford Motor Company. The purpose of the funding is to support the compa...

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State aid, unspecified In force

On 19 October 2021, the General Assembly of the State of Tennessee issued Senate Bill 8002 extending infrastructure incentives worth USD 338.2 million for Ford Motor Company’s electric truck and batte...

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