Rivian scores $1.5 billion in incentives to build its EV plant in Georgia

Rivain factory — Rivian's assembly plant in Normal, Ill., launched production last year.

By:

Bloomberg

May 03, 2022 11:15 AM

Electric-pickup maker Rivian Automotive Inc. is slated to receive $1.5 billion in state and local incentives to build an assembly plant near Atlanta, bolstering the company's production efforts despite local resistance to the project.

Featured Stories

Record 20% of new-vehicle borrowers used 84-month loans in Q1, Edmunds says

Here’s how experts have revised auto sales forecasts in wake of Trump tariffs

Which vehicles are subject to Trump’s auto tariffs? Check our list

How multiple tariffs can be added to a vehicle, parts that cross U.S.-Canada-Mexico borders

Latest News

Record 20% of new-vehicle borrowers used 84-month loans in Q1, Edmunds says

VW Group’s China sales slide again in 1st quarter

Kia sets goal of 90,000 electric pickup sales in North America, even as it cuts EV forecast

Self-driving startup Nuro raises $106 million at lower valuation

Staying current is easy with newsletters delivered straight to your inbox.

See More in Manufacturing

Live updates on tariffs: List of vehicles subject to duties

Canadian countertariffs hit most U.S.-made vehicles with 21.25% levy

Here’s how experts have revised auto sales forecasts in wake of Trump tariffs

Tariff turmoil hits global suppliers at Detroit conference

Staying current is easy with newsletters delivered straight to your inbox.