Following months of hypothesis, electrical transport startup Rivian shared the place it plans to construct a second manufacturing facility. In the summer time of 2022, the automaker will break floor on a facility about an hour east of Atlanta, Georgia, it . Once the plant is full someday in 2024, the corporate hopes to finally produce 400,000 electrical autos there. It additionally plans to construct a battery manufacturing facility close by.
Rivian says the EV facility will value roughly $5 billion to construct and can make use of greater than 7,500 workers. The firm can pay for it with proceeds from its latest November tenth IPO. Once full, the power will considerably enhance Rivan’s manufacturing capability. The automaker claims its first and presently solely manufacturing facility in Normal, Illinois can produce about 150,000 vehicles yearly. It plans to finally manufacture about 200,000 there yearly.
That may appear to be quite a bit however Rivian continues to be within the strategy of scaling manufacturing and assembly demand for its autos. As of December fifteenth, 2021, the corporate stated it had produced 652 of its R1 autos. As of that very same day, it had a complete of 71,000 pre-orders from prospects. It additionally wants to provide not less than 100,000 vans for Amazon. In different phrases, it has its work lower out for it.
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