Amazon-backed electric vehicle startup Rivian Automotive Inc. will build a $5 billion plant in Georgia, its second U.S. assembly plant, as it looks to expand production.
The new plant will employ more than 7,500 people, is scheduled to open in 2024 and will eventually build 400,000 vehicles a year, the company said Thursday, largely confirming plans previously outlined in documents filed with other states.
The plant will be located on the so-called East Atlanta Megasite, Georgia Gov. Brian Kemp said in a statement. Plant construction is slated to begin in the summer of 2022 about 30 miles east of Atlanta. Production is targeted to begin in 2024.