Amazon-backed Rivian in talks with ministers over UK factory

Amazon.com Inc-backed electric vehicle start-up Rivian Automotive is in talks with ministers about building a factory in the UK that could include a big state support package, Sky News reported on Saturday.

By: Reuters
| Updated on: 01 Aug 2021, 09:14 AM
Follow us on:
Follow us on:
If Rivian moves ahead in Britain, it would further confound predictions that the UK's automotive sector was headed for terminal decline after Brexit. (REUTERS)
If Rivian moves ahead in Britain, it would further confound predictions that the UK's automotive sector was headed for terminal decline after Brexit.

The company, which is also backed by Ford Motor Co, has been in negotiations with the British government for weeks about the construction of a plant near Bristol, the report added.

The talks are not yet at an advanced stage but any investment decision would likely be worth well over 1 billion pounds ($1.39 billion), the report said, citing sources.

The Department for Business, Energy and Industrial Strategy (BEIS) declined to comment on "individual investments".

Also check these Cars

Find more Cars
Tata Sierra Ev (HT Auto photo)
UPCOMING
₹25 - 30 Lakhs* *Expected Price
View Details
Explore your Vehicle
Mg 4 Ev (HT Auto photo)
UPCOMING
₹30 - 32 Lakhs* *Expected Price
View Details
Maruti Suzuki Wagon R Ev (HT Auto photo)
UPCOMING
₹10 - 14 Lakhs* *Expected Price
View Details
Tata Punch Ev (HT Auto photo)
UPCOMING
₹12 - 14 Lakhs* *Expected Price
View Details
Mg Comet Ev (HT Auto photo)
₹7.98 - 9.98 Lakhs**Ex-showroom price
Add to compare
Check latest offers
Tata Tiago Ev (HT Auto photo)
₹8.49 - 11.79 Lakhs**Ex-showroom price
Add to compare
Check latest offers

In an emailed statement to Reuters, BEIS said: "While we are working to attract inward investment into the UK to accelerate the growth of new industries, we cannot comment on speculation about individual investments."

Rivian, seen as a potential rival to Tesla Inc, said this month it expects to begin first deliveries of its R1T pick-up truck in September and its R1S SUV in the autumn.

UK's automotive sector has received a major blow when Honda decided to close its plant in Swindon in 2019. Nissan too warned that its future investment would be jeopardised if Britain left the trading bloc.

First Published Date: 01 Aug 2021, 09:14 AM IST
TAGS: Rivian
Recommended for you
View all
NEXT ARTICLE BEGINS
Shopping Bag Shop Now
55% OFF
SOFTSPUN Microfiber Cloth - 4 pcs - 40x40 cms - 340 GSM Grey- Thick Lint & Streak-Free Multipurpose Cloths - Automotive Microfibre Towels for Car Bike Cleaning Polishing Washing & Detailing…
Rs. 269 Rs. 604
19% OFF
Involve Your Senses One Musk Organic Car Perfume, Involve Your Senses Strong Fiber Air Freshener to Freshen'up Your Car - IONE01-40 g,Car Accessories interior car perfumes and fresheners
Rs. 324 Rs. 399
73% OFF
pTron Bullet Pro 36W PD Quick Charger, 3 Port Fast Car Charger Adapter - Compatible with All Smartphones & Tablets (Black)
Rs. 349 Rs. 1,299
14% OFF
Jopasu Car Duster
Rs. 749 Rs. 869

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city
Choose city
By clicking "View Offers" you Agree to our Terms and Privacy Policy

Dear Name

Please verify your mobile number.

+91 | Choose city