Rivian chooses Georgia as the location for its second electric vehicle factory


Next months of speculation, electric transport startup Rivian shared where he plans to build another factory. In the summer of 2022, the carmaker will break into the facility about an hour east of Atlanta, Georgia, . After the plant is completed sometime in 2024, the company hopes to produce 400,000 electric vehicles there. It also plans to build a battery plant nearby.

Rivian says the construction of the EV plant will cost about $ 5 billion and will employ more than 7,500 employees. The company will pay for it with revenue from the recent November 10 IPO. Upon completion, the plant will significantly increase Rivano’s production capacity. The carmaker claims its first and currently only factory in Normal, Illinois can produce about 150,000 cars a year. It plans to eventually produce about 200,000 there each year.

That might seem like a lot, but Rivian is still in the process of increasing production and meeting demand for his vehicles. As of December 15, 2021, the company announced that it had produced 652 of its R1 vehicles. As of the same day, it had a total of 71,000 customer pre-orders. It also needs to be produced at least 100,000 trucks for Amazon. In other words, she has her job.

All products recommended by Engadget are selected by our editorial team, regardless of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn a commission for the partners.


Source link

Leave a Comment