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.

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 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 · 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 ...

Rivian and U.S. Department of Energy Finalize Loan Agreement to Support Future Georgia Manufacturing Site. Skip To Main. Want to see what we're up to? Get updates from Rivian. R1S. R1T. R2. R3. Demo Drive ... Rivian and U.S. Department of Energy Finalize Loan Agreement to Support Future Georgia Manufacturing Site.

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

Nov 26, 2024 · The US Department of Energy will loan Rivian $6.6 billion to build an electric vehicle factory in Georgia, as Democrats scramble to finalize their climate agenda before Donald Trump takes office.

Oct 20, 2023 · ATLANTA (AP) — Rivian Automotive will move ahead with construction on a factory in Georgia early next year, the company confirmed Thursday. The California-based electric truck company made the announcement as it opens a retail location in an intown Atlanta development, the eighth in a network of what the company calls “spaces” that it’s ...

Nov 26, 2024 · The U.S. Department of Energy has tentatively approved funding to a plan that would promote manufacturing and clean energy in Georgia.. Rivian Automotive is looking to build a new electric vehicle facility with the help of a loan for up to $6.6 billion from the energy department's Advanced Technology Vehicle Manufacturing Loan Program, according to a news release from Rivian.

On December 16, 2021, Governor Brian Kemp announced that American all-electric adventure vehicle manufacturer Rivian would expand its manufacturing operations with a second U.S. plant in the State of Georgia.