October 4, 2022 09:35 pm
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Original Link: https://www.theverge.com/2022/10/4/23387406/rivian-q3-production-factory-georgia-judge-ruling-subsidy
Rivian has good news about its EVs and some not-so-good news about its factory plans
Rivian made over 7,000 electric vehicles over the last three months and to produce 25,000 vehicles by the end of the year. It was a sign that the company is continuing to rise above its as it seeks to dominate the EV market with its beautifully designed emissions-free, adventure-themed trucks and SUVs.
The positive production report came on the heels of a less-than-positive update about the buzzy EV startup’s plans to build a $5 billion factory in Georgia. A judge ruled last week that the state’s economic development authority failed to justify the use of taxpayer-funded money to subsidize the project, throwing the whole project into question.
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Original Link: https://www.theverge.com/2022/10/4/23387406/rivian-q3-production-factory-georgia-judge-ruling-subsidy
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