I. Bonifacic@igorbonifacicDecember 16th, 2021In this post: electric vehicle, information, gear, automotive, EV, transportation, business enterprise, Georgia, RivianRivian
Adhering to months of speculation, electric powered transportation startup Rivian shared where by it plans to create a 2nd manufacturing unit. In the summer season of 2022, the automaker will split floor on a facility about an hour east of Atlanta, Georgia, it introduced on Thursday. The moment the plant is finish sometime in 2024, the firm hopes to eventually develop 400,000 electric autos there. It also plans to build a battery manufacturing facility close by.
Rivian states the EV facility will expense somewhere around $5 billion to create and will use extra than 7,500 employees. The corporation will shell out for it with proceeds from its latest November 10th IPO. After full, the facility will drastically improve Rivan’s manufacturing capability. The automaker claims its initially and currently only manufacturing unit in Usual, Illinois can produce about 150,000 cars and trucks every year. It plans to finally manufacture about 200,000 there every single yr.
That might seem to be like a great deal but Rivian is nonetheless in the process of scaling production and meeting desire for its motor vehicles. As of December 15th, 2021, the enterprise said it experienced generated 652 of its R1 automobiles. As of that same day, it had a whole of 71,000 pre-orders from consumers. It also needs to produce at least 100,000 vans for Amazon. In other words and phrases, it has its perform slash out for it.
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