He said Ascend Elements received roughly $10 million in state and local incentives to choose Newton County, which is also near Rivian's planned $5 billion EV factory. Frey declined to say whether Rivian or Hyundai, which is building a $5.54 billion EV factory near Savannah, are customers. C...
Rivian is currently hard at work to add a designated R2 production line at its Illinois factory. If investors remember, the decision to move initial production of the R2 from Georgia's future factory into Illinois saved roughly $2 billion. But, in my opinion, the overlooked reason that the ...
It is a part of building regulations. The kind of smart balancing is with the demand on the grid, as at times you can be paid to use electricity if nobody is using it. So that kind of load balancing isn't really within the property. Octopus energy is the most common one ...
That kind of news would be big for any area of the state.In the deepest parts of Southwest Georgia, it has the potential to be transformational. Meanwhile, at the Savannah area Hyundai complex that will build new EV’s beginning about 18 months from now, a partner has been announced...
“Standing here today, I can say I have never been more confident about building the future of mobility with America, in America,” Chung said. Hyundai started EV production in Georgia six months ago. As of this writing, over 1,200 workers run the massive plant. Hyundai’s Georgia factor...