Ministers are trying to lure Rivian, now the world’s sixth-largest car maker, to build a £1bn factory in the UK

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Ministers are trying to entice Rivian to build a £1 billion factory in Britain.

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Officials are in talks with the electric truck maker this week and are offering a package including a junction on the M5 motorway, training facilities and a train link for Rivian to choose the Hitech Gravity Business Center near Bristol for its first European hub. Huh.

Britain is believed to face competition from Serbia and at least one other European country.

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Closer look: Officials in talks with electric truck maker Rivian

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Winning the deal would be a major coup for the manufacturing industry and comes after Nissan announced earlier this week that it would put its plant in Sunderland at the center of a £13 billion drive to develop electric vehicles.

Rivian went public last month in a £48 billion Wall Street float and is the world’s sixth largest carmaker – despite a backlog of more than 55,000 orders it plans to clear by the end of 2023.

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