Pursuant To Agreement, Rivian Agreed To Build EV Manufacturing Plant In Georgia, Create 7,00 New Jones For Full-Time Employees At Project And Make Min. Capital Investment Of $5B In Project
Portfolio Pulse from Bill Haddad
Rivian has agreed to build an electric vehicle (EV) manufacturing plant in Georgia, creating 7,000 new jobs for full-time employees and making a minimum capital investment of $5 billion in the project.
September 29, 2023 | 8:16 pm
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Rivian's decision to build a new EV manufacturing plant in Georgia represents a significant investment in its production capabilities, which could potentially boost its market share in the EV sector.
Rivian's decision to build a new manufacturing plant represents a significant expansion of its production capabilities. This could potentially increase its market share in the EV sector, which would likely have a positive impact on its stock price. The creation of 7,000 new jobs also demonstrates the company's commitment to growth and could enhance its reputation among investors.
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