Last week, story leaked out that Rivian was planning to build a second US manufacturing plant for its electric vehicles and artilleries, and now more details have seeped out. The company plans to invest$ five billion initially in the second plant, dubbed Project Tera, with interpretation slated to start in the fall of 2021, according to Reuters. The intent is to begin production by the second quarter of 2023.
The second weed will reportedly include a 50 gigawatt-hour( GWh) battery cell make operating and a make and technological sciences center. There’s no name on where it’ll be built, but the company is reportedly looking at land east of Mesa, Arizona, near Gold Canyon, according to Reuters’ generators. Rivian Chief Manager R.J. Scaringe has reportedly spoken with Arizona Governor Doug Ducey about the project.
Rivian previously acknowledged that it’s looking to expand. “The company has recognized that future production and product programs will not be fully met by the current capacity at Rivian’s Normal, Illinois facility, ” it said in the document seen by Reuters.
The plant would presumably support around 10,000 enterprises, though many of those could come indirectly. For a startup that has still further not displayed a single vehicle, however, the financing and hassle people would be affecting. Rivian is backed by Ford, Amazon and other corporations and could supposedly fly to a $50 billion quality in a possible public index later this year, according to Reuters’ previous story.