Rivian signals it will increase production at planned plant east of Atlanta

April 30, 2026

Business

Rivian and Department of Energy amend federal construction loan to $4.5B. But the company said it will accelerate its timeline to ramp up production at new Georgia plant.

An aerial image shows a Rivian pickup truck on top of a dirt mound during a demonstration after the groundbreaking ceremony on Tuesday, Sept. 16, 2025, in Walton and Morgan Counties. (Miguel Martinez/AJC)

An aerial image shows a Rivian pickup truck on top of a dirt mound during a demonstration after the groundbreaking ceremony on Tuesday, Sept. 16, 2025, in Walton and Morgan Counties. (Miguel Martinez/AJC)

Electric vehicle maker Rivian announced Thursday it amended its multibillion-dollar federal construction loan, a deal that will reduce its borrowing by $2 billion. But the EV maker says the change will allow the company to expand the scope of its Georgia factory’s first phase.

The California-based automaker and the U.S. Department of Energy’s Office of Energy Dominance Financing agreed to reduce a previously awarded $6.6 billion loan to $4.5 billion, Rivian said in a news release. The amended loan allows for the first phase of Rivian’s future plant an hour east of Atlanta to have an annual capacity of 300,000 vehicles, a 50% increase from prior plans.

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This is a rendering of Rivian's planned $5 billion electric vehicle factory in Georgia. (Courtesy of Rivian)

This is a rendering of Rivian’s planned $5 billion electric vehicle factory in Georgia. (Courtesy of Rivian)

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Manufacturing workers assemble electric vehicles at Rivian in Normal, Ill., on July 20, 2022. (Ron Johnson for the AJC)

Manufacturing workers assemble electric vehicles at Rivian in Normal, Ill., on July 20, 2022. (Ron Johnson for the AJC)

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Rivian CEO RJ Scaringe, Georgia Gov. Brian Kemp, and Georgia House Speaker Jon Burns, along with a special guest, participate in the groundbreaking ceremony on Tuesday, Sept. 16, 2025, in Walton and Morgan counties. (Miguel Martinez/AJC)

Rivian CEO RJ Scaringe, Georgia Gov. Brian Kemp, and Georgia House Speaker Jon Burns, along with a special guest, participate in the groundbreaking ceremony on Tuesday, Sept. 16, 2025, in Walton and Morgan counties. (Miguel Martinez/AJC)

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