Rivian expanding Illinois plant as Georgia project remains in limbo [Yahoo! Finance]
Rivian Automotive, Inc. (RIVN)
Company Research
Source: Yahoo! Finance
Despite the expansion of that facility, both company officials and Georgia Gov. Brian Kemp said the plan for the site in Morgan County to produce its new R2 midsize SUV is still proceeding. Peach State and local governments offered an incentive package as large as $1.5 billion, one of the largest ever offered for an American auto plant. Gov. Kemp's office said the commitment between the state and Rivian remains unchanged. Company officials previously stated that the Georgia facility is the key to long-term growth. Rivian in Georgia The Georgia plant site near Social Circle is expected to eventually hire 7,500 workers and produce up to 200,000 vehicles by the completion of its first phase later this year. A second planned phase would boost capacity by an additional 200,000 vehicles per year by 2030. It must meet 80% of its jobs and investment goals by the end of 2030 to avoid penalties. State and local governments were projected to spend more than $125 million to buy the nearl
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RIVN
News
- Troubled EV maker Fisker closing Manhattan Beach headquarters [Yahoo! Finance]Yahoo! Finance
- Mercedes-Benz workers in Alabama vote against unionizing in blow to big UAW push [Yahoo! Finance]Yahoo! Finance
- Troubled EV maker Fisker closing Manhattan Beach headquarters [Los Angeles Times (CA)]Los Angeles Times
- Investors in Rivian Automotive, Inc. Should Contact Levi & Korsinsky Before June 18, 2024 to Discuss Your Rights - RIVNAccesswire
- Investors who lost money on Rivian Automotive, Inc. (RIVN) should contact Levi & Korsinsky about pending Class Action - RIVNAccesswire
RIVN
Earnings
- 5/7/24 - Beat
RIVN
Sec Filings
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- RIVN's page on the SEC website