ATLANTA (AP) — It seems like a terrible time to build an electric vehicle plant in the United States, but Rivian Automotive leaders say they’re confident as the company starts long-delayed work on a $5 billion facility in Georgia.
The money-losing California-based company breaks ground Tuesday east of Atlanta despite President Donald Trump’s successful push to roll back electric vehicle tax credits . Starting Sept. 30, buyers will no longer qualify for savings of up to $7,500 per car.
Rivian Chief Policy Officer Alan Hoffman said the company believes it can sell electric vehicles not for environmental or tax incentive reasons, but because they’re superior.
“We did not build this company based upon federal tax incentives,” Hoffman said. “And we’re going to prove that we’re going to be su