Rivian Automotive, an electric vehicle startup backed by Amazon.com, plans to build a second assembly plant in the US that will also manufacture battery cells. This was reported in an exclusive publication by Reuters, citing the words of four people familiar with the matter.
“While the process is still in its early stages, Rivian is exploring sites for a second US manufacturing facility,” Rivian spokeswoman Amy Mast confirmed yesterday. She declined to give details.
Several states have applied to build a plant known in the documents as “Project Tera”. It will be officially announced in a couple of months, and construction will begin at the beginning of next year. This was reported by sources who wished to remain anonymous. According to them, the timing may still change in view of the coronavirus pandemic, due to which the very announcement of construction, scheduled for this summer, has already been postponed.
Rivian already has a plant in the United States. It is located in Normal, Illinois.
It remains to add that the typical cost of a car assembly plant is currently $ 1 billion or more, and the cost of a battery cell factory is $ 2 billion or more.
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