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re: What price are you jumping on RIVN?
Posted on 12/17/21 at 9:02 am to TaipeiTiger
Posted on 12/17/21 at 9:02 am to TaipeiTiger
News out that Rivian is cutting their production estimates for 2021 by 300 or so vehicles. Price sliding at $93. My $80 purchase point may be on the table today.
1
Posted on 12/18/21 at 9:41 am to Black n Gold
Rivian announces a new $5 billion electric vehicle factory in Georgia
Fred Lambert
- Dec. 16th 2021
Fred Lambert
- Dec. 16th 2021
quote:
Rivian will expand its manufacturing operations, locating its second U.S. plant in the state of Georgia. The project represents a $5-billion site development and manufacturing investment.
“The plant, which will eventually employ more than 7,500 workers, represents a key next step as Rivian scales aggressively toward higher-capacity production for our future generation of products. Once ramped, the Georgia facility will be capable of producing up to 400,000 vehicles per year. Construction on the facility is expected to begin in summer 2022, and the start of production is slated for 2024. Site considerations included logistics, environmental impact, renewable energy production, availability and quality of talent and fit with Rivian company culture.”
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