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Home » Rivian Will Delay Development of a $5 Billion Manufacturing unit in Georgia
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Rivian Will Delay Development of a $5 Billion Manufacturing unit in Georgia

Bernie Goldberg
Last updated: 2024/03/07 at 11:17 PM
Bernie Goldberg Published March 7, 2024
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“Our Georgia web site stays actually essential to us,” Rivian’s chief govt, R.J. Scaringe, mentioned at an occasion on Thursday the place he unveiled two new sport-utility automobiles. “It’s core to scaling throughout all these automobiles.”

One of many S.U.V.s, referred to as the R2, is a five-passenger automobile that’s anticipated to be obtainable within the first half of 2026. Initially, the R2 was imagined to be the primary automobile produced in Georgia. Shifting manufacturing to Regular, Ailing., the place the corporate has an working manufacturing unit, will permit Rivian to start delivering the automobile to prospects sooner, Mr. Scaringe mentioned.

The R2 could have a beginning worth of about $45,000, he mentioned, which is $30,000 lower than its bigger S.U.V., the R1S. The R2, Mr. Scaringe mentioned, “combines functionality, efficiency, utility, storage, performance in a method that we expect actually suits with an enormous buyer want.”

Rivian additionally launched the R3, a compact S.U.V., and a high-performance model of that automobile, the R3X. The corporate didn’t say when or the place these fashions could be produced.

Delaying building of the brand new manufacturing unit is a setback for Georgia and its governor, Brian Kemp, a Republican, who had promoted the development as the biggest financial improvement undertaking within the state’s historical past. Rivian had mentioned it anticipated the plant to create 7,500 jobs and ultimately produce 400,000 automobiles a 12 months.

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Bernie Goldberg March 7, 2024 March 7, 2024
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