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Incentives are still a powerful tool for advancing corporate location decisions, but they're no longer the backstop they once were. Projects are missing targets. Programs are changing. Compliance is becoming more complex. At Newmark, we’ve watched these shifts unfold firsthand while supporting clients across North America and around the globe. What we’re seeing now is a realignment of how incentives are structured, measured and delivered—and it's catching some companies off guard.
Shifting policies and regulations, increased consumer spending, significant investments by leading automotive original equipment manufacturers (OEMs), continued environmental concerns, high gas costs, decreasing battery prices, and charging system technology advancements are among the many components contributing to electric vehicles (EVs) record-setting sales in the second quarter of 2022.
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.