Government Subsidies
The subsidy amount of government subsidies given out has _____ (increased, decreased, remained the same)
What is Increased?
This type of subsidy for the automotive industry is most common from local governments.
What is Property Tax Abatement?
This company receives hybrid tax subsidies not seen in other automakers
What is Ford?
This company receives the highest amount of government subsidies
What is Boeing?
These three states give the largest government subsidies to the Automotive Industry
What is Michigan, Georgia, and Nevada?
This state provided a subsidy to General Motors for the New Carlisle Battery Plant
What is Indiana?
State Subsidies are trending toward these two categories
What is Clean Energy and Corporate Onshoring?
These are consequences (positive and negative) of government subsidies that must be considered
What are benefits, costs, and risks?
Nevada benefits from these 3 things from the Tesla and Nevada $1.3 Billion Subsidy Contract (Must get â…” correct)
What is 6,000 new jobs, $5 Billion investment from Tesla, and projected $100 billion economic impact?
These three types of state subsidies are most common
What are Tax Abatements, Tax Credits/Rebates, Direct Payments?
These three automotive companies receive the most government subsidies (must get all three correct)
What is Ford Motor, General Motor, and Volkswagon?
his type of Tesla facility was created in Nevada using $1.3 billion of subsidies
What is Gigafactory?