Electric vehicle company Rivian will invest $5 billion to build a campus in Georgia that is expected to create 7,500 jobs, Gov. Brian Kemp and company officials announced Thursday.
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On July 23, 2021, Rivian confirmed it was looking for a location for its second factory. Named Project Tera, it would have to have a production capacity of at least 180,000 cars to meet Rivian’s ambition of manufacturing 300,000 cars per year as soon as possible. Rumors said the new factory would be in Forth Worth, Texas, but a new report stated it would be in Georgia and revealed next week. It seems Rivian decided to anticipate the announcement.
Ready or not, here Rivian comes! The nascent EV maker revealed plans Thursday to build a $5 billion plant in just outside of Atlanta, less than three months after its first production-ready vehicle rolled off its assembly line in Illinois.
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