Autos

Rivian to receive $1.5 billion incentive package for new Georgia assembly plant

Key Points
  • Electric carmaker Rivian Automotive will receive a total of $1.5 billion in state and local incentives and tax credits for the new electric vehicle assembly plant it plans to build in Georgia.
  • The $5 billion plant is expected to employ some 7,500 workers.

In this article

RT1 trucks are assembled and tested on April 14, 2021, before the new Rivian plant fully opens in Normal, Illinois. Rivian's proposed $5 billion plant in Georgia has stirred opposition from some local residents east of Atlanta who fear environmental and lifestyle impacts.
Brian Cassella | Tribune News Service | Getty Images

Electric carmaker Rivian Automotive will receive a total of $1.5 billion in state and local incentives and tax credits for the new electric vehicle assembly plant it plans to build in Georgia, the state and company said on Monday.

The $5 billion plant is expected to employ some 7,500 workers once up and running. Workers will receive an average annual salary of $56,000, Georgia's Department of Economic Development said in a statement.

Rivian's CEO confident the company can produce 25,000 vehicles this year
VIDEO2:0802:08
Rivian's CEO confident the company can produce 25,000 vehicles this year
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