Trucking

EV maker Rivian in initial talks at UK plant

[Stay on top of transportation news: Get TTNews in your inbox.]

According to Sky News, Amazon.com Inc. And Ford Motor Co. Russian Automotive Inc., a startup of electric trucks backed by the United Kingdom, is discussing with the British government to build the first manufacturing plant outside the United States near the British city of Bristol.

The investment will probably include a large state support package, but the UK is facing competition from Germany and the Netherlands for the site, Sky said, according to industry sources. Negotiations with the British government are in the early stages, with investments that could exceed £ 1 billion ($ 1.4 billion), Sky said.

Prime Minister Boris Johnson is keenly interested in the progress of the negotiations, but the negotiations have not yet progressed, Sky reported. Inviting eco-friendly investment in the UK is an important part of Johnson’s plans for the UK and his climate agenda after Brexit.

Gravity, a 616-acre campus near Bristol in southwest England, has been identified by Rivian as a potential site for a new factory, Sky said.

The company is also investigating the location of its second factory in the United States. Bloomberg News first reported in November that Rivian was planning a factory in Europe.

Want more news? Listen to today’s daily briefing below Or for more information, please click here.

https://www.ttnews.com/articles/ev-maker-rivian-early-talks-uk-factory EV maker Rivian in initial talks at UK plant

Back to top button