Rivian Restarts Georgia Factory Plans with $6.6B Federal Loan

Rivian resumes work on its Georgia EV factory, backed by a $6.6B federal loan. Production of R2 and R3 models expected by 2028.
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Rivian Restarts Georgia Factory Plans with $6.6B Federal Loan
Rivian Resumes Work on Georgia Factory Backed by Federal Loan Rivian is reviving its long-awaited Georgia factory project with plans to begin significant site prep work in August 2025. Emails recently obtained through a public records request reveal that the electric vehicle (EV) maker aims to break ground on the site by early 2026, as it gears up for production of its upcoming R2 SUV and R3 hatchback models. This development comes months after the U.S. Department of Energy greenlit a $6.6 billion loan to support Rivian’s construction efforts. The restart marks a pivotal moment for Rivian’s long-term manufacturing strategy, which had been paused due to previous delays and changing market conditions. Image Credits:Tom Williams/CQ Roll Call / Getty Images With this renewed effort, Rivian hopes to solidify its presence in the southeastern United States while ramping up EV production capacity. The Georgia factory was originally announced shortly after Rivian’s 2021 IPO, with plans to invest …