Rivian capacity boost Rivian raises Georgia plant capacity to 300,000 vehicles in optimised phase-one plan A restructured build programme and renegotiated DOE loan set the stage for R2 production at scale from late 2028 Rivian has announced a major revision to its manufacturing plans for its future facility in Stanton Springs North, Georgia, increasing initial annual production capacity by 50% — from 200,000 to 300,000 vehicles. The move compresses what had previously been a two-phase build-out into a single, larger first phase, with the company stating the restructured approach will lower cost per unit while offering meaningful flexibility for further expansion in subsequent phases. The announcement comes alongside a renegotiated loan with the US Department of Energy's Office (DOE) of Energy Dominance Financing. The updated agreement is valued at up to $4.5 billion — comprising $4,006m in principal and $494m in capitalised interest — reduced from the $6.6 billion conditional commitment finalised in January 2025. Rivian says the revised loan is aligned with the updated single-phase facility design, and critically, the company now expects to make its first draw on the loan by early 2027, a full year ahead of the prior schedule. R2 dramatically expands our market opportunity. The thousands of dedicated people who will soon work in our Georgia plant will be instrumental to Rivian’s growth as we scale American manufacturing Vertical construction at the Stanton Springs North site is set to begin this spring and the OEM says preparations are already underway for the development of the stamping press area. Rivian describes this as one of the most capital-intensive and technically demanding elements of the plant from a construction perspective. The pace of activity is expected to accelerate through the summer as the facility's primary buildings take shape. Vehicle production remains on track to commence in late