The investment in the new plant would be worth more than £1 billion. Rivian has been busy raising money, recently raising another $2.5 billion from investors earlier in the month. The total the company has raised since 2019 is $10.5 billion. Rivian currently plans to begin deliveries of its R1T electric truck this fall. The electric truck is expected to begin selling for $67,500. It's worth noting that Rivian has experienced unexpected delays in the past, and it wouldn't be outside the realm of possibility for the vehicles to be delayed again. The current talks with ministers in the UK are focused on a manufacturing facility for the vehicles themselves rather than batteries. However, sources claiming to be familiar with negotiations have said they are fluid and could shift towards a battery manufacturing facility.