Rivian plans to invest $ 5 billion in a second assembly plant in the United States – .

0
15
Rivian plans to invest $ 5 billion in a second assembly plant in the United States – .


Rivian plans to initially invest $ 5 billion in its second assembly plant in the United States, dubbed “Project Tera”.

Rivian aims to begin construction of its second assembly plant by fall 2021, coinciding with the start of R1T deliveries in September. The investment is expected to build a factory that would support more than 10,000 jobs.

The company wants to start production at the new plant by the second quarter of 2023. People familiar with the matter have said the pandemic could delay Rivian’s schedule for up to six months.

According to the revised economic development documents, Rivian’s second assembly requires about 10,000 acres of land. The original proposal, which did not identify the company by name, indicated that Rivian would only need 2,000 acres of land for its second manufacturing plant.

Rivian plans to increase its capacity with its second plant. It will also include a 50 GWh battery cell production line and a product and technology center, according to documents seen by Reuters. The EV startup sent out a 12-page request for proposal to a few states.

Previously, Rivian spokesperson Amy Mast said Rivian is still exploring locations for its second manufacturing plant in the United States. Sources familiar with the matter said Rivian CEO RJ Scaringe discussed the project with Arizona Gov. Doug Ducey. Sources suggest Rivian may be interested in a plot of land east of Mesa, Ariz., For its second assembly plant.

A few EV startups are already located in Arizona. Lucid Group Inc and Nikola Corp. are building assembly plants in Pinal County, known as Arizona’s Innovation and Technology Corridor. The historic automakers, Nissan and Volkwagen, also have a vehicle proving ground in the area.

The Teslarati team would love to hear from you. If you have any advice, contact me at [email protected] ou via Twitter @ Writer_01001101.
Rivian plans to invest $ 5 billion in a second assembly plant in the United States



LEAVE A REPLY

Please enter your comment!
Please enter your name here