Global Trade Alert
Global Trade Alert

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

Announcement

14 Mar 2023

In March 2023, the State of Carolina announced investment incentives for Scout Motors’ EV investment.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

14 Mar 2023

Revocation date:

No revocation date

Updated: 14 Mar 2023
State loan In force
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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Updated: 14 Mar 2023
State aid, unspecified In force
On 14 March 2023, South Carolina General Assembly issued House Bill 3604 to provide infrastructure incentives to support Scout Motors’ electric vehicle investment in South Carolina. The total value of...
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