TNI || New Delhi || 15th Dec 2021
Electric vehicle manufacturer, Rivian, has confirmed that it will be building a $5 billion battery and assembly facility in the east of Atlanta.
The plant is projected to employ a minimum of 7500 workers as told to Associated Press.
The electric vehicle manufacturer which makes trucks and commercial delivery vans is based in Irvine, California.
It has time and again challenged both Ford and GM and even Tesla, which is an electric vehicle leader.
The new plant might as well grow to more than 10,000 workers making it the biggest auto assembly complex in the States.
This is the largest industrial announcement in Georgia which has surpassed the 4400 worker Kia complex, which opened more than a decade back.
In the political landscape, Rivian will give another point to Governor Brian Kemp’s claims that he has been an excellent steward of the economy of Georgia.
Fort Worth, Texas, also offered a $440 million incentive package to lure the plant’s establishment, while Rivian also looked out for sites across Michigan and Arizona.
Georgia, on the other hand, is unlikely to give out detail on the full incentive package given to Rivian, but the company will it seems max out Georgia’s mega project tax credit.