Categories: News

Rivian engaged in early talks for U.Ok. manufacturing facility, report says

Rivian Automotive Inc., the EV startup backed by Amazon.com Inc. and Ford Motor Co., is in talks with the U.Ok. authorities on constructing its first manufacturing plant exterior the U.S. close to the English metropolis of Bristol, Sky Information reported.

The funding would in all probability embrace a big state-support package deal, however the U.Ok. faces competitors from Germany and the Netherlands for the positioning, Sky cited trade sources as saying. Talks with the U.Ok. authorities are at an early stage, and an funding could possibly be value greater than 1 billion kilos ($1.4 billion), it stated.

Prime Minister Boris Johnson has taken a eager curiosity within the progress of the talks, though they aren’t but at a complicated stage, Sky reported. Attracting environmentally pleasant funding within the U.Ok. is a key a part of Johnson’s plan for post-Brexit Britain and his local weather agenda.

Gravity, a 616-acre campus close to Bristol, southwest England, has been recognized by Rivian as a doable location for the brand new plant, Sky stated.

The corporate is additionally exploring areas for a second plant within the U.S. Bloomberg Information first reported Rivian’s plans for a European manufacturing facility in November.

админ

Share
Published by
админ

Recent Posts

Kia EV9 GT performance electric SUV coming

Kia's EV9 electrical SUV will ultimately function a high-performance EV9 GT variant, the automaker's chief…

5 hours ago

Kuwait investment authority cuts stake in Mercedes

FRANKFURT -- Kuwait's sovereign wealth fund, Mercedes-Benz's third-largest shareholder, is planning to scale back its…

8 hours ago

F1 great’s advice to Piastri for homecoming

11:47 PM ETAustralia's Components One driver Oscar Piastri has been warned the home-town hype may…

8 hours ago

Unfazed Amazon Driver Drops-off Package During Armed Police Standoff And Goes Viral

Unfazed Amazon Driver Drops-off Package deal Throughout Armed Police Standoff And Goes Viral | Carscoops…

8 hours ago

Quick Charge Podcast: March 28, 2023

Take heed to a recap of the highest tales of the day from Electrek. Fast…

9 hours ago

Mazda’s new North American CEO prepares to move the brand upmarket

It is a good time to be taking the reins at Mazda as the corporate…

9 hours ago