Overview
- Rivian held a ceremonial kickoff near Social Circle as crews resume site preparation, with foundations and vertical construction slated for 2026.
- The 2,000-acre campus is planned in two phases of 200,000 vehicles each, ultimately reaching up to 400,000 units of annual capacity.
- Georgia has offered about $1.5 billion in incentives tied to creating 7,500 jobs by 2030, while a Department of Energy loan of up to $6.6 billion will be disbursed only after milestones are met.
- The plant is intended to build the R2 SUV and R3 crossover for U.S. and export markets, with initial R2 production beginning at Rivian’s Illinois factory in 2026.
- Rivian shares rose after the event, even as some residents continue to oppose the project and a judge rejected part of Georgia’s bid to recover legal fees from citizen lawsuits.