GEORGIA TO GIVE $1.5B IN AID FOR ELECTRIC VEHICLE MAKER

Rivian automotives will receive $1.5 billion in aid from the state of Georgia and local governments to “build a 7,500-job, $5 billion electric vehicle plant east of Atlanta.”  With the hopes that Rivian will anchor an entire electric vehicle industry, including electric trucks and commercial delivery fans, the aid package will become “the largest single industrial announcement in Georgia history, including a pledge that the company will reach the full investment and job targets by the end of 2028, with jobs paying an average of $56,000 a year, plus benefits.”  Read more…