Rivian breaks the land on the Georgia factory $ 5 billion before construction in 2026

Rivian is officially Broken land Its factory planned for a long time near Atlanta, Georgia, which will one day allow the company to form up to 400,000 of its electric cars from the next generation in the year.

The company held a shovel party on Tuesday, where the CEO of RJ Scaring was joined by Georgia officials, including Governor Brian Kembe. However, as Techcrunch I mentioned for the first time in JulyThe company is still looking forward to the first quarter of 2026 for the date of the start of the official construction, with the start of the production of vehicles in 2028. Most of what happens now is preparatory work, such as installation on electrical systems and water supply, and building access methods.

Rivian projects will finally create 7500 permanent jobs, with the creation of 2000 building functions during the construction process. As of June 30, the company has created 47 full -time jobs and has invested about $ 80 million in the project, according to the emails obtained by Techcrunch earlier this year.

In addition to the functions of the factory, Rivian said on Tuesday that it is expected to create “about 8,000 indirect jobs” with suppliers and local sellers, according to an external analysis. Email obtained earlier this year showed that Rivian was already asking the current suppliers if they would create operations near the Georgia factory.

Although the event was a little of the competition, it represents an important landmark for the project, which was surrounded by a lot of uncertainty over the past few years.

Rivian first announced plans to build a factory in Georgia shortly after the public subscription in 2021. At this stage, the company spent years renewing the old Mitsubishi factory in Illinois, in order to start producing the R1T truck, R1S SUV truck, and commercial trucks. But the size of an Illinois factory restricts the number of cars that can be done there. Review wanted something bigger.

Rivian promised to invest about $ 5 billion in the Georgia factory, and wanted to move quickly: The company was initially looking to start construction in 2022.

However, the local opposition of the factory, along with the challenges of the supply chain caused by the epidemic, forced Reminy to turn his attention away from Georgia for a period of time. In March 2024, the company announced that it had officially delayed the Georgia project in favor of expanding its factory in Illinois so that it can start producing its car from the next generation, which is a more applicable R2 SUV.

Rivian gave priority to the Georgia factory plans again in late 2024 when it announced that it was close to securing a $ 6.6 billion loan from the Ministry of Energy to help finance construction. This deal has been completed in the last days of Joe Biden’s presidency, although the money will not be distributed to Cherybian until some landmarks are achieved.

In the weeks before Donald Trump’s second term, some of the president’s allies soon targeted the Rivian factory as a project that could be targeted by the incoming administration. Vivic Ramaswami, who was supposed to participate at some point in the leadership management leadership in Elon Musk, went to the extent that the administration might try to do so. Loan.

However, the rural loan has remained sound, and the company has worked closely with the office of the Governor of Georgia in recent months, as it again rotated the operations. The company has major plans for the new factory, as it tells Scaringe CNBC on Tuesday that he hopes to do so Building vehicles for a global market Come 2028.