EXCLUSIVE Amazon-backed Rivian confirms plan for second U.S. assembly plant – Reuters

SourceReuters
SectorIndustrial
CountrySaudi Arabia

R.J. Scaringe, Rivian’s CEO, introduces his company’s R1T all-electric pickup truck at Los Angeles Auto Show in Los Angeles, California, U.S. November 27, 2018.

REUTERS/Mike Blake/File Photo

DETROIT/WASHINGTON, July 22 (Reuters) – Amazon.com Inc (AMZN.O)-backed electric vehicle startup Rivian Automotive plans to build a second U.S. assembly plant that will also include battery cell production, according to four people familiar with the matter.

“While it’s early in an evolving process, Rivian is exploring locations for a second U.S. manufacturing facility,” Rivian spokeswoman Amy Mast said on Thursday. She declined to provide further details.

Multiple U.S. states have bid for the plant – dubbed “Project Tera” in documents – which will be announced in a couple of months and break ground early next year, said the sources, who asked not to be identified. The timing could still change given the coronavirus pandemic, which has already delayed the planned announcement from the summer, the sources said.

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