On April 28, 2023, the Georgia Court of Appeals reversed the ruling of the Morgan County Superior Court and approved $15 billion in bonds for Project Tera, a 2,000-acre Rivian Horizon.
Rivian Would Now Be Able to Deliver 200 EVs Per Week Despite Supply Challenges autoevolution.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from autoevolution.com Daily Mail and Mail on Sunday newspapers.
Approaching the end of the day, we felt that the information Associated Press obtained about Rivian’s Project Tera might not be confirmed. However, governor Brian P. Kemp did not let that happen. Georgia officially confirmed it would be Rivian’s new house with a plant that will get $5 billion in investments.
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.
Rivian wants to build their own battery production electrive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from electrive.com Daily Mail and Mail on Sunday newspapers.