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Jul 16, 2023Electric Vehicle Manufacturing
Building on the assets that make the Automotive Industry successful, Georgia is positioned as a hub for the electric transportation industry. Since 2018, 35 EV-related projects have contributed $23 billion in investments in Georgia. In May 2022, Hyundai Motor Group (HMG) announced plans to open its first fully dedicated EV and battery manufacturing facility in Georgia. HMG began construction on the new facility in January 2023, with full production expected in the first half of 2025, with annual capacity of 300,000 units. In December 2021, Rivian announced their largest manufacturing facility in Georgia, slated to start production in 2026 with annual capacity of 400,000 vehicles.
Providing the full electric vehicle supply chain is critical to a truly sustainable future and Georgia is rapidly expanding across multiple segments: cathode and anode manufacturing, chemical and mineral solutions; battery manufacturing; metals and aluminum manufacturing; and battery recycling.
Georgia's diverse workforce is prepared to meet all skill levels from high-end to assembly to hourly, and includes experienced engineers, electricians, machinists, software developers, and cybersecurity specialists just to name a few. State-sponsored training facilities, top-notch education programs, and nationally ranked colleges provide Georgia businesses with talent that enables them to achieve next-level success. At the high school level, Georgia's Department of Education, working with industry leaders, are developing the Electric Vehicle Career Pathway that includes EV specific coursework to prepare students for careers in the industry.
In 2021, more than 4,000 EVs were sold in Georgia, representing a total annual growth of 29%, and as of September 2022, more than 42, 500 electric vehicles were registered in Georgia. To support these drivers, and encourage increased adoption, public and private entities are offering incentives and suggesting policies to support continued growth of the electric mobility sector. Existing incentives for personal consumers and businesses to convert to electric include:
Georgia is 6th in the nation for public EV charging stations, offering more than 1,500 individual outlets, equating to more outlets per capita than anywhere in the Southeast. Georgia has more than 1,200 miles of federally designated EV-ready Alternative Fuel Corridors along its interstates and highways. Georgia is due to receive $135 million in federal funds from the infrastructure spending bill Congress passed to build EV charging stations. The state continues to foster public-private partnerships and other business models to continue the statewide expansion of charging infrastructure.
Georgia has a proven record of investing early in resources, infrastructure, and job skills needed to support the future of manufacturing. In keeping with this tradition, the Georgia Electric Mobility and Innovation Alliance was created to grow the electric mobility ecosystem in the state and strengthen Georgia's position in electrification-related manufacturing and innovation. Led by the Georgia Department of Economic Development, the alliance includes partners from the private and public sectors, government, electric utilities, education, nonprofits, and other stakeholders. Read more about EMIA's goals.
On December 16, 2021, Governor Brian Kemp announced that electric adventure vehicle manufacturer Rivian Inc. would expand its manufacturing operations with a second U.S. plant in the State of Georgia. The company will invest $5 billion in a carbon-conscious campus in Georgia.
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Georgia is at the epicenter of the nation's electric vehicle revolution, and its system of higher education is working to drive the industry forward. By...
Electric Vehicle Supply Equipment (EVSE) Tax Credit: $250 rebate Plug-In Electric Vehicle Charging Rate Georgia Electric Mobility and Innovation Alliance