The California-based electric vehicle maker Rivian Automotive has broken ground on its $5 billion plant east of Atlanta, Georgia, even though the Trump administration ended the $7,500 federal tax credit for EV buyers.
Rivian Automotive revealed plans to open an office in London to further the company’s AI and autonomous driving ambitions.
Rivian Automotive produced 5,979 vehicles at its manufacturing facility in Normal, Illinois and delivered 10,661 vehicles during the same period.
Rivian Automotive released its Q1 2025 financial report and shareholder letter, highlighting ongoing gross profits and increasing demand for its two main electric vehicles.