Advancing EV Infrastructure Vital to SC Tourism

The Southeast electric vehicle (EV) market is experiencing an unprecedented surge, with sales growing by 49% in 2022. South Carolina has played a pivotal role in this growth, as the state has become a strategic hub for EV manufacturing by renowned global automotive giants like BMW and Volkswagen.

In the Grand Strand, the landscape of EV charging has evolved from being a niche amenity to a necessity that visitors now anticipate. As a result, businesses across multiple sectors have proactively installed charging stations on their properties. To meet the growing demand for EV charging, businesses need state support to keep pace with this trend and ensure that visitors have the best possible experience.

To solidify its position as an industry leader, South Carolina should recognize the significance of offering even more attractive and forward-looking incentive structures for both EV users and manufacturers. By doing so, the state can unleash the full potential of EVs, making them an irresistible choice for consumers and an attractive opportunity for manufacturers. This would lead to further job creation, economic growth and technological advancement in the state.

Fortunately, the path to achieving this vision is within reach. South Carolina can build on its existing legislative foundation, leveraging initiatives like the Alternative Fuel Tax Credit (HB3824) to further promote EV adoption.

Another potential way to advance EV infrastructure is to add it as an eligible use under the State Accommodations Tax statute, just like how workforce housing was added in 2023. This would allow municipalities to use tourism taxes to help improve access to EV infrastructure for visitors that spend money and drive EVs.

Our state has an opportunity to proactively address the escalating demand for electric vehicles (EVs), especially concerning charging infrastructure. Embracing and incentivizing the widespread adoption of EVs and the essential charging infrastructure is key to not only maintaining our appeal but also expanding our market presence and staying ahead in the competitive landscape compared to neighboring states.