EV invests in the state of Georgia
![graph showing dollars invested in Georgia by EV companies and anticipated job creation](/documents/191207401/193820493/Atlanta+Data+Bite+-+7-26-23.png/a60d136a-da1c-a9d5-485c-abac09b258d6?t=1690469343922)
- Georgia continues to attract companies within the electric mobility industry. Over the last 5 years, the state of Georgia announced nearly 20 companies including Kia, Hyundai, and Rivian have decided to manufacture their products in Georgia totaling over $18B in investment dollars.
- This electric vehicle boom is also bringing job growth to Georgia with over 23,000 new jobs created from the announced projects since 2018.
- Based on current planned projects, Michigan, Kentucky, and Georgia will see the most growth in EV battery manufacturing capacity. By 2023, Georgia is expected to be capable of producing 97-136 Gigawatt-hours per year. Nation-wide the production level is projected to jump from 55 GWh/year to nearly 1,000 GWh/year.
July 27, 2023
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