By Larry K. Williams, TAG President and CEO
Georgia’s commitment to sustainability is unwavering, with innovation spanning the mountains to the coastline. In the particular, the U.S. Southeast, with Georgia as a frontrunner, is regarded as a powerhouse for the electric transportation industry.
According to the Georgia Department of Economic Development, the state has been home to 35 electric vehicle (EV)-related projects since 2018, contributing $23 billion in investments to the state’s economy.
In terms of consumption, about 4,000 EVs were sold in Georgia in 2021. Fast forward to September 2022, and Georgia had over 42,500 registered electric vehicles on the roads. Thanks to these efforts, our state now ranks 6th in the nation for public EV charging stations, with more outlets per capita than anywhere else in the Southeast.
As more companies like Rivian, SK Battery, Q-cells, and Anovion Technologies expand their operations into Georgia, we can expect further momentum in this industry including a greater number of high-quality jobs available for our workforce.
Most recently, the federal government is now offering tax credits that will offset the costs of purchasing EVs. This policy will undoubtedly lead to a surge in demand, resulting in the expansion of economic development opportunities in Georgia and beyond.
To those interested in learning more about Georgia’s sustainability community, we invite you to the TAG Smart Communities & Sustainability Society’s welcome mixer. Scheduled for August 22nd, this event is not only an opportunity for networking but also a celebration of our strides towards a more sustainable future. To attend, please register here.