Rivian to hold groundbreaking events next month for $5B Georgia factory
Electric vehicle startup Rivian plans to hold two ceremonial events to christen the forthcoming construction of its long-delayed $5 billion factory an hour east of Atlanta.
The company will play host to a community event Sept. 14 and a formal groundbreaking ceremony Sept. 16 with stakeholders, media and government officials, including Gov. Brian Kemp. The events at the roughly 2,000-acre project site along I-20 bolster promises by Rivian leaders to begin vertical construction of the factory next year, following multiple delays and setbacks.
“The governor remains excited about the generational opportunity Rivian’s commitment will bring to hardworking Georgians,” a Kemp spokesperson said in a statement. “He, along with the first lady, look forward to joining Rivian and state and local leaders to break ground on this next chapter in Georgia’s ongoing economic success story.”
A Rivian spokesperson added the company is “excited to welcome our future neighbors” at the Sept. 14 community event, which will feature vendors, food, live music and off-road course rides in its vehicles.
“We look forward to continuing our work with our partners and surrounding communities as we strive to provide thousands of new, good paying jobs in this fast-moving industry,” the spokesperson said.
Since its announcement in late 2021, Rivian’s factory plans in Georgia have resembled a roller coaster ride.
Rivian first announced plans to open the factory in southern Walton and Morgan counties in 2024. But the project was pushed back and ultimately paused indefinitely as the company sought to cut costs. But Rivian said it would fulfill its promises to open the plant and meet its commitment to employ 7,500 workers. Rivian has said a $6.6 billion federal loan approved days before President Joe Biden left office would help accelerate the Georgia plant’s launch.
At the time of its announcement, the factory was the state’s largest-ever economic development project. Since Rivian’s announcement, Hyundai has announced and opened an even larger EV factory near Savannah.
To recruit the Rivian factory, state and local officials offered the company a $1.5 billion incentive package, which requires the automaker to build its promised plant and meet hiring requirements to see the bulk of those financial benefits and tax savings.
Similarly, Rivian has to break ground on its factory to tap into the federal loan.
The loan’s approval by the Department of Energy’s Loan Programs Office has been criticized by some Georgia Republicans and allies of President Donald Trump, including members of his campaign’s transition team. Georgia’s senators, Jon Ossoff and Raphael Warnock, lobbied for many of those clean energy incentives, including Rivian’s loan.
“The loan is set up as more of a project finance instrument,” Claire McDonough, Rivian’s chief financial officer, told The Atlanta Journal-Constitution last month. “So it does require Rivian to have broken ground and continue to invest in the site before we’ll have a timeline for an initial (loan) draw out of the facility, which is really by design.”
The site has been graded and is undergoing utility installation. Vertical construction is planned to begin at an unspecified date in 2026, with vehicle production starting by 2028.
Rivian has said the Georgia factory will be the site of expanded production of its upcoming R2 crossover.
“The work that we’ve been doing over the course of the last handful of years is to ensure that we can reduce the timeline between start of construction (of the Georgia factory) and start of production for future vehicles out of the site,” McDonough said.
Jerry Silvio, chairman of the local development authority that helped manage the Rivian project, congratulated the company.
“There is no question about the project’s future — it is secure," Silvio said in a statement. “And we are charging ahead to deliver jobs, growth and opportunity for our communities.”
The Sept. 16 groundbreaking ceremony is invite-only, but registration information for the community event is available at rivianevents.com/georgiacommunityevent.
Cox Enterprises, which owns The Atlanta Journal-Constitution, also owns about a 3% stake in Rivian.
About the Author
Zachary Hansen, a Georgia native, covers economic development and commercial real estate for the AJC. He's been with the newspaper since 2018 and enjoys diving into complex stories that affect people's lives.
