Rivian has applied for a loan to increase funding to build its Georgia production facility.
The loan application indicates the production facility would begin operations in late 2027, and to have the first"production capacity block" fully operational in 2028. Situated east of Atlanta, the facility is Rivian's second assembly plant. All Rivian EVs currently are assembled at a former Mitsubishi plant in Normal, Illinois.in 2021 the automaker said it would begin construction in 2022. The goal was to start vehicle production by 2024.alongside current models.
Scheduled to launch in 2026, the R2 is forecast to substantially increase Rivian's production volume. The automaker said in May that it planned to build 155,000 R2s annually in Normal, which by itself would be more vehicles than Rivian has delivered cumulatively since its first customer vehicles arrived in fall 2021. With its other models—the R1T pickup truck, R1S SUV, and EDV van—Rivian expects to be making 215,000 vehicles at Normal annually by 2026, up from 57,232 in 2023.
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