en.Wedoany.com Reported - US electric vehicle maker Rivian announced that it is increasing the initial production capacity of its future manufacturing plant in Stanton Springs North, Georgia, to an annual output of 300,000 vehicles, a 50% increase from the originally planned 200,000 units. The company stated that this move aims to reduce unit costs while providing space for later-stage capacity expansion.
Rivian founder and CEO RJ Scaringe said in a statement: "We are very excited to partner with the U.S. Department of Energy to expand our manufacturing footprint in Georgia. R2 dramatically expands our market opportunity. The thousands of dedicated employees who will work at our Georgia manufacturing plant will be critical to Rivian's growth as we expand American manufacturing and work to ensure America remains a leader in innovation and technology."
Rivian has partnered with the U.S. Department of Energy's Office of Energy Dominance Financing to update its DOE loan to support US manufacturing and construction jobs. The total DOE loan, aligned with the updated facility design and roadmap, is up to $4.5 billion for the initial phase. With vertical construction beginning in 2026, Rivian expects to make its first loan draw in early 2027. The company remains on track to begin vehicle production by the end of 2028.
Vertical construction of the plant is expected to begin this spring. Site preparation work is underway for the press area, one of the most capital-intensive and technically demanding projects within the manufacturing plant. Construction progress will accelerate this summer as the main buildings of the plant begin to take shape. Rivian recently announced a partnership with Uber, expecting to build up to 50,000 robotaxis at the Georgia manufacturing plant starting from the end of 2028.
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