A development authority east of Atlanta has voted to approve an “economic development agreement” for the planned $5 billion Rivian factory, outlining terms with the electric vehicle company, including environmental standards and taxpayer-backed incentives.
April 28, 2022Rivian News Updates
Rivian Reaches Deal in Georgia for Environmental Standards
Foes Blast Rivian EV Plant at Georgia Meeting
MONROE, Ga. — Opponents trying to derail a $5 billion, 7,500-job Rivian electric truck plant in Georgia dominated a state meeting April 18 that was meant to gather suggestions on how to design the plant to mitigate any impact on the environment.
April 20, 2022Rivian’s EV Factory Remains Constrained by Chip Shortage
Rivian Automotive Inc.’s “launch mode” is impressive — at least on its trucks. The assembly lines are perfectly capable of cruising speed; they just need more computer chips.
April 18, 2022Rivian Boosts EV Output Despite Supply Chain Snags
Rivian Automotive Inc. produced 2,553 vehicles in the first quarter as the maker of plug-in trucks contended with a snarled supply chain and pandemic challenges.
April 5, 2022Rivian Cancels Price Hikes for Existing Customers After Outcry
Rivian Automotive Inc. dropped to a record low after the electric-vehicle maker rolled back price increases on its debut cars for existing customers, marking an about-face as it ramps up production and seeks to win over more buyers.
March 3, 2022Georgia County Lands Two EV Development Projects
Newton County, Ga., has landed two major electric vehicle development projects that potentially could provide thousands of jobs in the fast-growing suburb east of Atlanta.
January 12, 2022Rivian Plunges Below IPO Price on Mounting EV Competition
Rivian Automotive Inc., the electric pickup maker backed by Amazon.com Inc., fell below the $78 a share price of its November initial public offering.
January 6, 2022Rivian Officially Announces Georgia Site of Plant
ATLANTA — Rivian Automotive was attracted to Georgia’s education system, resources and talent when choosing a site for its $5 billion battery and assembly plant, a company official said Dec. 16 as the project was officially announced.
December 17, 2021Rivian Stumbles in Earnings Debut With Miss on EV Output
Rivian Automotive Inc. said it expects to fall short of its annual production target as the electric pickup maker gave investors the first look at its operations as a public company.
December 16, 2021Rivian Leaps Past Volkswagen’s Valuation Amid EV Mania
A searing five-day rally in the shares of Rivian Automotive Inc. has led the electric truck startup to more than double in value since last week’s trading debut, with its market capitalization now surpassing Volkswagen AG.
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