A judge in Georgia ruled that the Joint Development Authority could not prove the Rivian project was “sound, reasonable, and feasible”, so the company is not eligible for the bonds.
A Georgia judge rejected an agreement that would have provided a huge property tax break to Rivian Automotive, clouding the upstart electric truck maker’s plans to build a plant east of Atlanta. Morgan County Superior Court Judge Brenda Trammell rejected what is normally a routine request by a local government to validate a bond agreement,…
A Georgia judge has rejected an agreement that would have provided a huge property tax break to Rivian Automotive. The ruling clouds the upstart electric truck maker's plans to build a $5 billion plant east of Atlanta that would employ 7,500 people.
A Morgan County judge has ruled against Rivian Automotive, denying the manufacture $15 billion in bonds to finance construction. Residents who oppose the plant are calling it a significant legal win.