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Benzinga
Benzinga
Technology
Rachit Vats

Rivian To Get $1.5B In Incentives For Planned Georgia EV Factory

Rivian Automotive Inc (NASDAQ:RIVN) said on Monday it will receive $1.5 billion in state and local incentives for its electric vehicle plant that it plans to build in Georgia.

What Happened: Irvine, California-based Rivian’s $5 billion Georgia plant is expected to employ 7,500 workers when it opens in late 2024.

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