Global Trade Alert
Global Trade Alert

United States of America (State of Georgia): Battery manufacturer Freyr receives funding for a battery manufacturing plant

Announcement

13 Jan 2023

The state of Georgia announced funding to support the investment of Freyr in Georgia. 

 

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Number of interventions

3

3 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

13 Jan 2023

Revocation date:

No revocation date

Updated: 13 Jan 2023
Financial grant In force

On 13 January 2023, the State of Georgia announced USD 20 million in funding for the investment of battery manufacturer Freyr for the Giga America battery plant in Georgia. Funding will be in the f...

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Updated: 13 Jan 2023
Tax or social insurance relief In force

On 13 January 2023, the State of Georgia announced USD 101 million in tax credits for the investment of battery manufacturer Freyr for the Giga America battery plant. USD 90 million of this funding...

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Implementation date

13 Jan 2023

Revocation date:

12 Jan 2043

Updated: 13 Jan 2023
Tax or social insurance relief In force

On 13 January 2023, the State of Georgia announced USD 228 million in tax credits for the investment of battery manufacturer Freyr for the Giga America battery plant. Funding will be provided in th...

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