{"id":2787,"date":"2022-10-20T22:36:41","date_gmt":"2022-10-20T22:36:41","guid":{"rendered":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/?p=2787"},"modified":"2022-10-20T22:36:41","modified_gmt":"2022-10-20T22:36:41","slug":"ev-plant-incentives-by-the-numbers","status":"publish","type":"post","link":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/ev-plant-incentives-by-the-numbers\/","title":{"rendered":"EV Plant Incentives By the Numbers"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">What is happening? The numbers behind the Electric Vehicle manufacturing in the U.S.:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Since 2021, at least $50 billion on electric vehicle plants has been announced<\/li><li>Since 2021, the $50 billion is spread across 10 states<\/li><li>$10.8 billion in economic development incentives promised<\/li><li>$11 billion Ford electric-vehicle project in Kentucky &amp; Tennessee <\/li><li>$1 billion fund for corporate subsidies created by Michigan Legislature<\/li><li>$6.6 billion electric-truck factory and battery plant chose Michigan with development incentives from the state<\/li><li>$414,000 spent for each direct job at Ford&#8217;s Tennessee EV manufacturing hub<\/li><li>$450,000 per GM job will be contributed by Michigan<\/li><li>$212,000 per job will be foregone by Georgia to win megaprojects from Rivian Automotive Inc. and Hyundai Motor Co. in the past two years<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Why is this important? Michigan created an economic development fund to land the GM plant. The fund was created in reaction to Ford choosing Tennessee and Kentucky.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.governing.com\/next\/americas-billion-dollar-bidding-war-for-electric-vehicle-plants?utm_campaign=Newsletter%20-%20GOV%20-%20Daily&amp;utm_medium=email&amp;_hsmi=229776636&amp;_hsenc=p2ANqtz-83R1DSmRvXYejcbg0YA2esZXjUiFzMQUwbcUyVtKZbukHlnzVqWxjYsPzgtrbFWy4w7971POimZRgYzhId4b4yz-mECA&amp;utm_content=229776636&amp;utm_source=hs_email\">Governing | America\u2019s Billion-Dollar Bidding War for Electric Vehicle Plants<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is happening? The numbers behind the Electric Vehicle manufacturing in the U.S.: Since 2021, at least $50 billion on electric vehicle plants has been announced Since 2021, the $50 billion is spread across 10 states $10.8 billion in economic development incentives promised $11 billion Ford electric-vehicle project in Kentucky &amp; Tennessee $1 billion fund [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2787","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"_links":{"self":[{"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/posts\/2787","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/comments?post=2787"}],"version-history":[{"count":1,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/posts\/2787\/revisions"}],"predecessor-version":[{"id":2788,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/posts\/2787\/revisions\/2788"}],"wp:attachment":[{"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/media?parent=2787"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/categories?post=2787"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/tags?post=2787"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}