Read this article in French German Italian Portuguese Spanish
Rivian pauses construction of US$5bn EV plant
11 March 2024
US-based electric vehicle maker Rivian announced on March 7 it was pulling back on its plan to build a 1,800-acre complex in Stanton Springs, Georgia, US.
Digital render of how the EV plant in Stanton Springs, Georgia, would look (Image: Clayco)
The news came from company founder and CEO RJ Scaringe during a new product reveal event.
The company noted in a release its new vehicles will be launched at its existing facility in Illinois.
鈥淭he timing for resuming construction is expected to be later to focus its teams on the capital-efficient launch of [the new model],鈥� stated Rivian.
Earlier this year, construction company Clayco, engineering firm Jacobs, and architects Skidmore, Owings & Merrill (SOM) were announced as part of the build. Originally, Rivian expected to break ground on the Georgia plant this year with production beginning in 2026.
必赢体育
STAY CONNECTED
Receive the information you need when you need it through our world-leading magazines, newsletters and daily briefings.
CONNECT WITH THE TEAM
