Jan 16, 2025 · Rivian currently produces its three-row electric SUV, the R1S, and its electric pickup truck, the R1T, as well as commercial vans at its Normal, Illinois, facility. Rivian’s Georgia facility will allow the company to reach production volumes that make its products more cost competitive and accelerate access to international markets.

1 day ago · Rivian is already one of the largest economic development projects in Georgia history, promising to bring 7,500 jobs to the state. Lawmakers on both sides worked to help the electric vehicle maker ...

Nov 26, 2024 · ATLANTA (AP) — President Joe Biden’s administration announced Tuesday that the U.S. Department of Energy will make a $6.6 billion loan to Rivian Automotive to build a factory in Georgia that had stalled as the startup electric vehicle maker struggled to become profitable.

Jan 17, 2025 · Electric vehicle manufacturer Rivian was approved for a $6.5 billion federal loan to help it restart construction on a Georgia manufacturing facility to be built in Social Circle.

Jan 16, 2025 · Rivian Georgia EV plant timeline update October 2024 (Source: Energy.gov) According to the filing, Rivian could break ground as soon as Q2 2026 and have the first shop ready by the third quarter ...

Jan 17, 2025 · Rivian Automotive has closed its $6.6 billion loan agreement with the U.S. Department of Energy, allowing the electric vehicle maker to build a factory in Georgia for its mass-market vehicles,...

Rivian shares progress on its future Georgia facility at the Atlanta Space grand opening. See the latest developments and plans for our new site.

Jan 17, 2025 · Rivian (NASDAQ:RIVN) closes on giant $6.6 billion loan from U.S. Department of Energy (DOE) to fund Georgia's state-of-the-art manufacturing facility. The new plant, to be located at the same ...

Jan 17, 2025 · The loan comes in two tranches, which Rivian says it will use to fund the two stages of buildout it’s planning in Georgia. Rivian can borrow up to $3.35 billion in the first tranche, and up to ...

Nov 26, 2024 · MORGAN COUNTY, Ga. — The stalled Rivian manufacturing plant mega-project in Georgia is getting a huge revival boost from the federal government, Sen. Jon Ossoff's office announced Tuesday.