A Rivian representative declined to comment.
Rivian shares were little changed in postmarket trading in New York.
The startup, which went public Nov. 10, already has a higher market value than General Motors Co. even though it reported production of fewer than 400 vehicles as of Oct. 31 — “nearly all” of which were delivered to employees. Rivian will report quarterly earnings on Thursday for the first time since going public.
A move to Georgia would be a coup for the Peach State, which has been passed over by multiple Asian and Europe automakers, and has only one vehicle assembly factory, a Kia Motors plant in West Point, near the Alabama border. South Korean battery maker SK Innovation constructed a $2.6 billion factory in Jackson County, Georgia, to make power sources for electric vehicles, including Ford’s F-150 Lightning pickup going on sale next spring.
The Atlanta Journal-Constitution earlier reported Rivian’s plans to build a factory in Georgia.
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