2024 Rivian R1T Electric Pickup – In July, electric company Rivian started planning the construction of a second facility, with reports of an initial investment of $5 billion and a massive 10,000-acre parcel which could be in Arizona. Since then, Rivian has started production of its R1T pickup and has popped up on the stock exchange, and achieved the largest initial public offering for the first American film since the Facebook IPO. The booming automaker has declared that it will begin construction of its second factory during the spring of 2022 in Georgia which is located from Atlanta.
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Rivian claims his “carbon-conscious campus” will employ more than 7500 workers when it is fully operating. The campus won’t even be as large as the 10,000 acres that were previously announced, However, the sizable parcel will cover more than 2000 acres, and boast “abundant natural space.” Rivian adds that it will form communities and work education programs in the area. There is also a plan for an array of town hall-style events in the region in 2022 to engage with the local community.
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Rivian will invest $5 billion to build the factory, which can turn out as many as 400000 vehicles annually. Production is scheduled to begin at the brand-new Georgia manufacturing facility in 2024. Rivian is also renovating its factory situated in Normal, Illinois, recently receiving approval for a 623,000 square-foot expansion.
This will bring the Normal plant to a total area of 4 million square feet which is more than 92 acres. Rivian will be hiring between 800 and 1000 workers at the Normal factory by the second quarter of the year, as the company expands its rapid expansion.