SUPERCHARGED: In early 2023, Illinois expanded its clean energy incentives, including:
$400 Million Closing Fund: Invest in Illinois grants available for major job creators to address upfront capital costs.
Incentives for smaller EV companies: Lowered eligibility threshold so smaller EV companies qualify for incentives.
Expanding to more clean energy industries: Eligible companies now include solar, renewables, and energy storage components.
Increased jobs credit value for microchip manufacturers.
Find out more under the Companies tab.
Illinois is building on our long, successful history in auto manufacturing, innovation, and logistics to accelerate EV manufacturing growth—an important part of our plan to build a modern economy that runs on 100% clean energy by 2050.
To get there, we’ve created comprehesive incentives and policies that provide unparalleled support so that the entire electric mobility ecosystem will grow and thrive in Illinois. The passage of the state’s Reimagining Electric Vehicles (REV) Act and Climate and Equitable Jobs Act in 2021 has ushered in a new era of opportunity in Illinois.
Simply put, we are making the necessary investments to be the best state in the nation to manufacture or drive an electric vehicle.
Our team stands ready to help you learn more about our EV sector programs and services. Contact CEO.REV@illinois.gov today.
Pictured, Nate Baguio of Lion Electric, RJ Scaringe of Rivian, U.S. Commerce Secretary Gina Raimondo, and Kara Demirjian Huss of T/CCI with Governor JB Pritzker at the signing of the CHIPS Act in Washington, D.C. in August 2022.
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