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 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.

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 · 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,...

Nov 26, 2024 · ATLANTA — The U.S. Department of Energy announced on Tuesday that Rivian is set to receive a nearly $6.6 billion loan to construct its Project Horizon manufacturing facility in Georgia. The...

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.

Jan 16, 2025 · The U.S. Department of Energy gave final approval Thursday to electric vehicle maker Rivian for a $6.6 billion loan to support its stalled Georgia factory, a huge infusion of cash intended to...

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.