Officials with the Tennessee Valley Authority and the Tennessee Department of Environment and Conservation are scheduled to unveil a plan Wednesday to develop and fund more charging networks across the state to power electric vehicles. The Tennessee Star on Tuesday asked officials with both agencies if enough Tennessee residents are driving electric vehicles to justify investing public resources into this infrastructure.
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Tennessee Board Approves $35M Grant to Retrain GM’s Spring Hill Employees as Part of $2B Deal to Produce Electric Cadillac Vehicles
A state board on Tuesday approved a $35 million jobs training grant to encourage General Motors to retain workers at its Spring Hill plant as the company looks to invest approximately $2 billion to produce electric vehicles, including the Cadillac LYRIQ.
The State Funding Board approved the FastTrack Job Training Assistance Grant. More information is available here.
Read MoreOhio Considering Push to Incentivize Purchase of Electric Vehicles
State lawmakers are considering a five-year tax credit for Ohio residents who purchase or lease a plug-in an electric vehicle (EV), a move proponents say will jump-start production in the state.
Read MoreFord Increases Investment in Electrification to $11 Billion
Ford will increase its investment in electrification, planning to spend $11 billion by 2022 to create hybrid and all-electric versions of its vehicles, the company announced Sunday at the Detroit Auto Show. Ford executive James Farley said the increased expenditure essentially doubles and extends Ford’s previous $4.5 billion investment in…
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