Rivian Automotive’s (NASDAQ:RIVN) upcoming R2 SUV could drive significant growth, with Needham analyst Chris Pierce projecting strong demand and a larger market reach. Pierce said Rivian’s $50,000 R2, ...

Rivian CEO RJ Scaringe said that the reprioritization of capital toward internal combustion engines would thin the EV market ...

The admission is a sign of how changes to automotive policy under the Trump administration are starting to hurt the ...

Rumors about Rivian’s plans for a UK factory come not long after a report about the EV startup’s intention to invest $5 billion in a second plant in the US.

But entrepreneurs understood that Rivian could have the same effect on people as Tesla did back in the day. EVision, a UK-based rental car company, bought an R1T and added it to its fleet.

If the UK plant did go ahead, though, the government could supposedly invest "well over" £1 billion (about $1.39 billion). Rivian declined to comment.

The business park offers a range of plots and buildings targeted at high-tech firms and wants to be the UK’s answer to Silicon Valley. However, Rivian is not fully convinced just yet.

Rivian is backed by Amazon and Ford, among others. A new report is circulating claiming that the electric vehicle maker is in talks with ministers in the UK to build a factory there.

The UK is not the only country Rivian is in talks to for a new factory. According to Financial Times (paywall), Rivian is also considering proposals from at least two other European countries.

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 ...

It isn’t yet clear if Rivian has requested funding or tax breaks for the UK site but constructing it could require an investment of over £1 billion ($1.38 million).

Two rivals to a UK Rivian plant are Germany and the Netherlands, who each have their own proposals out to the R1T creators. More details are sure to come to light in coming weeks.