Rivian rose nearly 10% in morning trade and hit an all-time high at 164.19 dollars.Rivian (RIVN.US) is in the final stage of negotiations on opening an automobile manufacturing and battery factory in the east of Atlanta, Georgia, USA. The source stressed that the negotiations have not yet been finalized and the details may change.
It is reported that last week, it was reported that Rivian was actively looking for the location of an independent battery factory in addition to two new automobile assembly plants.
At present, Rivian has built a factory in Normal, Illinois, USA, which produces the company's all-electric R1T pickup truck.