Rivian Announces Halt on $5 Billion Georgia Plant as Electric Vehicle Sales Sputter
The company announced it would save some $2.25 billion by producing their upcoming R2 model at an existing plant in Illinois.
Georgia's governor, Brian Kemp, stands next to a Rivian electric truck during a ceremony to announce that the electric truck maker plans to build a $5 billion battery and assembly plant east of Atlanta projected to employ 7,500 workers, Thursday, Dec. 16, 2021, at Atlanta. AP/John Bazemore
