Rivian is significantly expanding its manufacturing ambitions, announcing plans to increase the initial production capacity of its upcoming Georgia plant by 50%, bringing it to 300,000 vehicles per year. The update, revealed as part of […]
Tesla has withdrawn its application to launch Tesla Insurance in Georgia. While it is unclear at this time if Tesla will reapply, it would be the first known instance of the company pulling back from […]
Rivian is finally set to begin construction on its second U.S. production facility in Georgia, a massive $5 billion facility east of Atlanta. The 2,000-acre site will produce hundreds of thousands of electric vehicles (EVs) […]
Rivian’s plans to construct a $6.6 billion electric vehicle (EV) manufacturing facility in Georgia may have hit a roadblock following the Trump administration’s decision to freeze federal loans. The fate of the loan, which was […]
Rivian has announced a conditional commitment from the U.S. Department of Energy’s (DOE) Advanced Technology Vehicle Manufacturing (ATVM) Loan Program for up to $6.6 billion in financing. According to a statement from Rivian, the DOE […]
Rivian put plans for its second plant on hold after hard times hit. However, the EV maker has not totally abandoned the Georgia-based plant, as it is pursuing a federal loan to finance the project. […]
Rivian had one of the biggest days in their short history on Thursday, officially unveiling the R2, and surprising everyone with the debut of the R3 and R3X. However that wasn’t the only big news […]
Rivian has secured final approval for its second US manufacturing plant. The company plans to borrow up to $15 billion through the issuance of taxable bonds through the Joint Development Authority of Jasper, Morgan, Newton […]
Rivian recently opened a new space location in Atlanta and used the occasion to provide updates on its upcoming manufacturing plant in Georgia. According to Rivian its next production plant at Stanton Springs North is making […]
Hyundai is rushing to open its new Georgia factory to take advantage of IRA benefits. Federal law provides a $7,500 tax credit on the purchase of electric vehicles, but only if they are completely made […]
