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Georgia sets $1.5B in aid for electric vehicle maker Rivian

The state of Georgia and local governments will give Rivian Automotive $1.5 billion of incentives to build a 7,500-job, $5 billion electric vehicle plant east of Atlanta, according to documents the company and state signed Monday.

Georgia Economic Development Commissioner Pat Wilson said the size of the package reflects the size of 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. The state also hopes Rivian will anchor an entire electric vehicle industry.

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