Rivian, Georgia
Faced with tough decisions as its cash reserves are drying out, Rivian put plans for a second factory in Georgia on hold.
A federal loan application reveals Rivian is aiming for 2027 to begin partial operations at a new Georgia production plant.
RIVN expects its 2024 vehicle production between 47,000 units and 49,000 units, down from the previous projection of 57,000 ...
A supply shortage continues to hurt Rivian Automotive Inc., an electrical-vehicle company that earlier this year paused plans ...