Kemp keeps bringing companies to the state to build in small rural communities that do not want the businesses there. "Growth" is not always good for an area.
Residents of Walton and Morgan County sued to try to stop the construction of his plant but were ruled against by the Court's at every turn. Maybe they will end up winning anyway.
I just do not see Rivian as anything anybody would want.
Yes, I have seen one somewhere, but this is not a vehicle which will have any success.
Maybe the future ain’t so bright for EVs...
If I owned stock in any of these companies, I would be getting rid of it.
Large AI data centers.
Some of these big data centers consume as much power as medium-sized cities.
AI use is exploding...data centers are being built as fast as possible around the world to stay apace with this growth.
St. Greta of Thunberg, Al Gore, and John Kerry are going to have aneurisms when they recognize what is about to happen.
As an aside, I think there will be an explosion of nuclear power plants around the world.
Rivian only produced ~57K cars last year at their Normal Illinois plant. Mitsubishi cranked out ~300K cars a year during their peak production years at the facility..
“The company says launching production in Illinois will save them an estimated $2.25 billion”
How does increasing vehicle production in IL of all places allow Rivian to increase profits? Got to be ugly noise from the unions, the subsidies aren’t going to be there under Trump so much, and decreasing sales of all EVs’ to name a few.
Makes sense. Build out your EV company in a state where your EVs can’t even run in the dead of winter. Yeah, that’s the ticket.
Georgia Governor Brian Kemp is saddened, eh. He’ll probably turn to China’s CCP EV company BYD to fill the void, as he has a soft spot for the communist party. Besides, he needs them to help with the election this year.
March 8th, exactly one week after Governor Kemp’s officially recognized Rivian Day in Georgia. Could he have been any more self-serving? Remember folks, “Georgia is fast becoming the EV capital of the nation.” Brian Kemp said so.
Wow, whoda thunk NOBODY wants to spend upwards of 80K on a mini Hindenburg that could destroy your house.
There’s NO MAINSTREAM FUTURE to these products.