Business
Rivian Automotive Boosts Initial Capacity for Georgia Plant; First-Quarter Revenue Rises
Rivian Automotive plans to increase initial production capacity for a plant it’s building in Georgia by 50%, a move the electric car maker disclosed as it posted higher revenue in its latest quarter.
The change will allow for 300,000 units of annual production capacity for its mid-sized vehicles, known as the R2, Rivian said Thursday. The move is aimed at lowering cost per unit while still providing room for future capacity expansion. Rivian said it remains on track to start vehicle production in Georgia in late 2028.
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
You must be logged in to post a comment Login