Sat. Oct 23rd, 2021

Rivian may not be fully focused Expansion of its US production. Sky News Formula EV Designer claims to be in talks with the British government to build a manufacturing plant near Bristol. Negotiations are not yet in the final stages, but attention has been focused on production Vehicles Instead of batteries themselves, though there was space to surround everywhere Tesla-style gigafactory.

Rival proposals came from Germany and the Netherlands, The sky Claimed. If the UK plant goes ahead, the government could invest an estimated 1 1 billion (about 3 1.39 billion) “well”. Rivian declined to comment.

There is certainly pressure to commit to international expansion. Rivian has only one factory, a former Mitsubishi plant in Illinois, and it has just unveiled plans for a second American facility that could also produce batteries. This output may limit potential sales, especially outside of North America, and may be disrupted Amazon’s electric delivery van rolls out.

It can help the Rivian scale to deal with rivals like Tesla Volkswagen, Both their EV manufacturing bases are growing rapidly. The United Kingdom wishes Prohibit the sale of combustion engine cars In 2035, and that means converting local production to EVs. A Rivian factory can help transform the country into EV production, not to mention encouraging sales that will further strengthen public acceptance.

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