Shulou(Shulou.com)11/24 Report--

CTOnews.com, Nov. 15 (Xinhua)-- US electric car startup Rivian has signed an agreement with Georgia to build an electric vehicle plant in the Stanton Springs industrial zone east of Atlanta, Georgia officials announced last week.

According to the agreement, Rivian will lease land and machinery to operate the factory, for which the company will pay about $300 million (CTOnews.com Note: currently about 2.181 billion yuan) property tax. The plant is also expected to produce Rivian's next-generation R2 platform for future models.

▲ Photo Source: Rivian, Georgia first announced plans to build a $5 billion electric car plant (currently about 36.35 billion yuan) outside Atlanta, Georgia in 2021. According to the plan, the new factory will employ more than 7500 people and eventually produce 400000 cars a year.

"this is a great day," JDA and GDECD said in a statement. "renting the space to Rivian is the next step in realizing this intergenerational opportunity and creating jobs for the residents of Jasper, Morgan, Newton and Walton County, Georgia."

The plant is located near the Imur20 Corridor east of Atlanta, near the historic Walton County community of Social Circle and bordering Morgan County. This will be Rivian's second manufacturing plant after the first plant in Nomar, Illinois, which produces R1T pickups and R1s SUV.

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