Sam Moses was quoted in Manufacturing Dive on South Carolina becoming a hot spot for electric vehicle (EV) manufacturing because of its easy port access, favorable tax incentives, and deep labor pools.
Last October, Governor Henry McMaster signed an executive order to create the SC EV Economic Development Initiative.
“The order gives state policymakers more authority to expand the state’s EV manufacturing market through favorable legislation and tax policies,” said Sam.
“This brings all of the resources within the state’s government, including the South Carolina Department of Transportation, to identify and propose policies to lawmakers to enhance the state’s capabilities to serve the EV market and make the state more attractive for EV companies,” he said.
“Many of the companies that come to South Carolina will also benefit from various federal incentives, including those that are a result of the Inflation Reduction Act,” Sam said.
You can read the full article here: Why EV Companies are Flocking to South Carolina
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