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An automobile that is driven solely by electric motors and battery energy is known as an electric car, battery electric car, or all-electric car.
Electric automobiles emit fewer pollution overall, no exhaust emissions, and are quieter than cars with internal combustion engines (ICEs).
Recent electric vehicles have lower total costs of ownership than comparable ICE vehicles since they require less maintenance and gasoline.
A variety of charging stations are available for electric vehicles, and they can be placed in both private residences and public spaces.
The Georgia electric car market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
Rivian, an electric vehicle startup financed by Amazon, plans to construct a second facility in Georgia where it will assemble up to 400,000 electric vehicles annually.
After months of rumors about where it will try to increase its manufacturing footprint, the corporation made the announcement alongside state representatives.
Rivian plans to begin producing vehicles there and will begin building the billion-dollar factory in the summer. In a former Mitsubishi factory in Normal, Illinois, Rivian is already producing its first electric pickup trucks.
On Thursday, the business also announced that it had shipped its first two SUVs. It has been looking for a location to build a plant from the ground up because it has committed to building 100,000 specialized delivery trucks for Amazon.
Hyundai will reveal a factory for electric vehicles in Georgia. As soon as next week, Hyundai Motor Group will reveal plans for a new billion electric vehicle manufacturing facility close to Savannah, Georgia.
The plant will employ 8,500 people to produce electric batteries as well as battery-powered cars and SUVs for the company’s Hyundai and Kia brands, according to the paper’s anonymous sources.
In West Point, Georgia, just over the state border, the Hyundai Motor Group constructed a Kia facility.
Hyundai Motor Manufacturing Alabama in Montgomery said last month that production of the hybrid Santa Fe and the electrified Genesis GV70 will start later.
