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What will be Rivian's U.S. production capacity expansion by December 31, 2026?
3
Rivian Automotive•Advanced Technology Vehicle Manufacturing•ATVM•Program•Rivian•Stanton Springs North•Georgia
Resolution / Starting Odds
Less than 50,000 vehicles • 25%
50,000 to 100,000 vehicles • 25%
100,000 to 150,000 vehicles • 25%
More than 150,000 vehicles • 25%
Production reports from Rivian or industry analysis
Story
Rivian Secures Conditional $6.6 Billion Federal Loan for Delayed Georgia EV Factory
Nov 26, 2024, 04:31 AM
Rivian Automotive has received a conditional commitment for a loan of up to $6.6 billion from the U.S. Department of Energy’s Advanced Technology Vehicle Manufacturing (ATVM) Program. The loan, if finalized, will support the construction of Rivian's delayed electric vehicle factory in Stanton Springs North, Georgia. This facility is part of Rivian's plans to expand its production capacity. The approval is conditional and not yet finalized, with further steps required to secure the funding.
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