Rivian’s CEO RJ Scaringe said the loan would “help us accelerate the launch of our Georgia plant for R2 and R3, providing thousands of jobs in the state.” Rivian Georgia EV plant timeline ...

Rivian (RIVN) is betting big on its upcoming midsize R2 electric SUV. Starting at about $45,000, the R2 is about half the cost of its current R1S and R1T models. CFO Claire McDonough confirmed the ...

Rivian says it’s still full steam ahead on its plans to restart its construction near Madison ... Georgia,” a company spokesperson said. Kemp remains committed to helping Rivian build the ...

Despite the uncertainty, Rivian has already started hiring for the Georgia plant, which is expected to employ up to 7,500 people when fully operational. Production is scheduled to begin in 2028 ...

Explore$6.6B federal loan for Rivian’s Georgia plant finalized Gov. Brian Kemp, who helped recruit Rivian to Georgia by offering some $1.5 billion in state and local incentives, told Channel 2 ...

“This loan will help us accelerate the launch of our Georgia plant for R2 and R3, providing thousands of jobs in the state,” Rivian CEO RJ Scaringe said in January when the Biden administratio ...

Rivian was initially looking to start production of its R2 SUV at its new factory in Georgia. However, the company halted construction of the plant in Georgia last year in a bid to cut costs and ...

Rivian's Q4 report showed revenue of $1.73 ... the company's $6.6 billion loan from the federal government for its Georgia plant. This factory was set to produce up to 400,000 R2 vehicles annually ...