Georgia could see more than $10 billion invested in construction of two new auto assembly plants. South Korean automaker Hyundai Motor Group confirmed May 20 its intention to build an electric vehicle factory near Savannah, valued at $5.5 billion, with startup Rivian Automotive Inc. recently announcing a plan to build a $5-billion electric pick-up truck plant east of Atlanta.
The former will be the state's largest ever economic development project, said Gov. Brian Kemp, while the latter involves a $1.5-billion state incentive that is the largest it has provided.