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Illinois Manufacturers Applaud Signature of Legislation to Strengthen Electric Vehicle Production Incentives

FOR IMMEDIATE RELEASE
December 21, 2022

Illinois Manufacturers Applaud Signature of Legislation to Strengthen Electric Vehicle Production Incentives

SPRINGFIELD – The Illinois Manufacturers’ Association (IMA) has issued the following statement after Gov. JB Pritzker signed HB5189, which will strengthen tax incentives to encourage in-state production of electric vehicles and related components:

“The electric vehicle industry is growing and evolving quickly, and it’s important Illinois remain competitive with other states to attract and support this important sector. We are proud to have worked in partnership with Gov. JB Pritzker to make these changes following feedback from industry leaders and thank him for quickly signing this measure into law so we can double down on efforts to create jobs, stimulate development, and embrace newer and greener technologies,” said Mark Denzler, President & CEO of the Illinois Manufacturers’ Association.

About the Illinois Manufacturers’ Association (IMA)

The Illinois Manufacturers’ Association is the only statewide association dedicated exclusively to advocating, promoting and strengthening the manufacturing sector in Illinois. The IMA is the oldest and largest state manufacturing trade association in the United States, representing nearly 4,000 companies and facilities. For more information, please visit http://ima-net.org/.

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