Global Trade Alert
Global Trade Alert

United States of America/State of Nevada: Incentives package for Faraday Future electric vehicles

Announcement

19 Dec 2015

In December 2015, a US state government announced a targeted tax change.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

19 Dec 2015

Revocation date:

No revocation date

Tax or social insurance relief In force

On December 18-19, 2015 the Nevada state legislature approved a bill (SB1) that provides inter alia for a tax incentive package that will bring electric vehicle startup Faraday Future and a $1 billion...

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