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Rivian reportedly will invest $5 billion in second U.S. assembly plant
- July 29, 2021
- News Release
- Electric Vehicles
Reuters has reported that Rivian plans to establish a second U.S. electric vehicle assembly plant—a $5 billion initial investment. A location has not been identified.
The initial proposal seen by Reuters did not identify Rivian by name. The factory is scheduled to begin production in Q2 2023, according to the revised proposal. Rivian declined to comment on the Reuters story.
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The Fabricator is North America's leading magazine for the metal forming and fabricating industry. The magazine delivers the news, technical articles, and case histories that enable fabricators to do their jobs more efficiently. The Fabricator has served the industry since 1970.
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- Podcasting
- Podcast:
- The Fabricator Podcast
- Published:
- 04/16/2024
- Running Time:
- 63:29
In this episode of The Fabricator Podcast, Caleb Chamberlain, co-founder and CEO of OSH Cut, discusses his company’s...
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