SOCIAL CIRCLE, GA (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 broke 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.
South Korea’s president says Georgia ICE raid could have ‘considerable impact’ on direct US investment from his country
The comments come as South Korea reels from the raids, one of the largest by US immigration enforcement agencies in recent years.
CEO RJ Scaringe said Tuesday that Rivian wi