Rivian will spend $5 billion to build a second assembly plant in Georgia to make electric vehicles to meet growing demand and plans for an expanded portfolio.

Construction of the new plant, which will be located about 30 miles east of Atlanta, begins in summer 2022 with a goal of building the first saleable vehicles in 2024, Rivian CEO RJ Scaringe announced today.

The workforce of about 7,500 people will build future products, including the Rivian brand’s R2 lineup of smaller electric vehicles.

amazon, rivian adding second plant in georgia, expanding factory footprint beyond illinois
amazon, rivian adding second plant in georgia, expanding factory footprint beyond illinois

The plant will have the capacity to build 400,000 vehicles a year and Rivian will add battery cell production to the site shortly after vehicle assembly begins. Cell production will increase quickly in subsequent years, Scaringe told investors on a call to discuss third-quarter earnings.

amazon, rivian adding second plant in georgia, expanding factory footprint beyond illinois

Scaringe said Rivian has a three-prong approach to sourcing batteries, all of which are being pursued in parallel. They include sourcing cells from Samsung; co-investing in joint venture capacity with suppliers (not yet announced); and controlling the materials and design of cells in-house. All three will be critical as Rivian continues to grow, he says.

amazon, rivian adding second plant in georgia, expanding factory footprint beyond illinois

Pre-Orders for Rivian R1T and R1S Exploding

Meanwhile, Rivian’s plant in Normal, Illinois is working to ramp up as quickly as possible to meet growing demand. There are now 71,000 pre-orders for the R1 lineup of electric vehicles. Capacity in Normal is 150,000 vehicles a year but Rivian is working to increase that to 200,000 by 2023. That would make room to add an R1X performance two-row SUV to take on the Jeep Wrangler and Porsche Cayenne.

The 2022 Rivian R1T electric pickup truck, which was just named the 2022 MotorTrend Truck of the Year, went into production in September. The 2022 Rivian R1S three-row SUV was recently added, with the first two deliveries going to the first two buyers: Scaringe and chief financial officer Claire Rauh McDonough.

Rivian has built 652 R1 vehicles so far, of which 386 have been delivered, most of them to customers who have never owned an electric vehicle or a pickup before. Because of supply chain constraints, total production in 2021 will fall a “few hundred” vehicles short of the 1,200 target, Scaringe says.

Someone ordering a vehicle today will not receive their EV until 2023, the CEO said.

Amazon Prime Delivery Vans Being Made

Additionally, the EDV 700 commercial van has also received final certification which means this month Rivian is able to start filling Amazon Prime’s order for 100,000 electric delivery vans.

This is the first time we have heard this name for the vans. The EDV 700 refers to 700 cubic feet of cargo space. A shorter, narrower EDV 500 (presumably with 500 cubic feet of cargo room) will follow in early 2022.

The R1 vehicles are assembled on one line at the Normal plant, and commercial vans come together on a second line. They share a battery line.

Rivian went public in November, raising $13.7 billion. That will help with costs associated with the launch of three vehicles now and plans for more to come as the portfolio grows.

amazon, rivian adding second plant in georgia, expanding factory footprint beyond illinois
amazon, rivian adding second plant in georgia, expanding factory footprint beyond illinois
amazon, rivian adding second plant in georgia, expanding factory footprint beyond illinois
amazon, rivian adding second plant in georgia, expanding factory footprint beyond illinois
amazon, rivian adding second plant in georgia, expanding factory footprint beyond illinois
amazon, rivian adding second plant in georgia, expanding factory footprint beyond illinois
amazon, rivian adding second plant in georgia, expanding factory footprint beyond illinois
amazon, rivian adding second plant in georgia, expanding factory footprint beyond illinois
amazon, rivian adding second plant in georgia, expanding factory footprint beyond illinois
amazon, rivian adding second plant in georgia, expanding factory footprint beyond illinois
amazon, rivian adding second plant in georgia, expanding factory footprint beyond illinois
amazon, rivian adding second plant in georgia, expanding factory footprint beyond illinois
amazon, rivian adding second plant in georgia, expanding factory footprint beyond illinois
amazon, rivian adding second plant in georgia, expanding factory footprint beyond illinois
amazon, rivian adding second plant in georgia, expanding factory footprint beyond illinois
amazon, rivian adding second plant in georgia, expanding factory footprint beyond illinois
amazon, rivian adding second plant in georgia, expanding factory footprint beyond illinois
amazon, rivian adding second plant in georgia, expanding factory footprint beyond illinois
amazon, rivian adding second plant in georgia, expanding factory footprint beyond illinois
amazon, rivian adding second plant in georgia, expanding factory footprint beyond illinois

Keyword: Rivian Adding Second Plant In Georgia, Expanding Factory Footprint Beyond Illinois

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