Rivian's New $5 Billion Factory Could Be Established in Fort Worth, Texas
Rivian is willing to spend serious money on its new factory, known so far only by the codename Project Tera. The EV startup plans to spend $5 billion to have two plants in the same land: one for its cars and another for batteries. After Reuters said that Arizona was the favorite to receive the investment, Bloomberg discovered that a Texan city might win the challenge: Fort Worth.
Source: autoevolution.com