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What will be the annual production capacity of Rivian's Georgia plant by 2027?
2
Resolution / Starting Odds
200,000 vehicles • 25%
400,000 vehicles • 25%
Less than 200,000 vehicles • 25%
More than 400,000 vehicles • 25%
Official production capacity reports from Rivian or industry analysts
Story
Rivian Secures Conditional $6.6 Billion DOE Loan for Delayed Georgia EV Plant
Nov 26, 2024, 06:59 AM
Rivian Automotive has received conditional approval for a loan of up to $6.6 billion from the U.S. Department of Energy to build a new electric vehicle manufacturing plant in Stanton Springs North, Georgia. Announced by the Biden administration on Tuesday, the loan comes from the Department's Advanced Technology Vehicle Manufacturing program and will support the construction of Rivian's delayed facility. The plant, which will be built in two phases with each phase capable of producing 200,000 vehicles annually, will manufacture Rivian's midsize platform, including the upcoming R2 sport utility vehicle and R3/R3X crossover. The conditional commitment enables Rivian to proceed with its expansion plans and aims to boost electric vehicle production in the United States.
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Less than 100,000 vehicles • 25%
100,000 to 199,999 vehicles • 25%
200,000 to 299,999 vehicles • 25%
300,000 vehicles or more • 25%
Less than 100,000 vehicles per year • 25%
100,000 to 200,000 vehicles per year • 25%
200,000 to 300,000 vehicles per year • 25%
More than 300,000 vehicles per year • 25%
One model • 25%
Two models • 25%
Three models • 25%
More than three models • 25%
Before December 2025 • 25%
Between December 2025 and December 2026 • 25%
Between December 2026 and December 2027 • 25%
After December 2027 • 25%
Full Production Achieved • 25%
Partial Production Achieved • 25%
No Production Achieved • 25%
Facility Repurposed • 25%
Less than 50,000 vehicles • 25%
50,000 to 100,000 vehicles • 25%
100,000 to 150,000 vehicles • 25%
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Fully operational • 25%
Under construction • 25%
Paused • 25%
Abandoned • 25%
DOE Loan Approved, Construction Resumed • 25%
DOE Loan Denied, Construction Resumed with Alternative Funding • 25%
Construction Remains Paused • 25%
Project Cancelled • 25%
Below 50,000 • 25%
50,000 to 75,000 • 25%
75,000 to 100,000 • 25%
Above 100,000 • 25%
Only R2 SUV • 25%
Only R3/R3X crossover • 25%
Both R2 SUV and R3/R3X crossover • 25%
Other models • 25%
Before December 2025 • 25%
Between December 2025 and June 2026 • 25%
Between June 2026 and December 2026 • 25%
After December 2026 • 25%