Technology Apr 30, 2026 · 1 min read

Rivian downsizes DOE loan to $4.5B, while boosting capacity of Georgia factory

Rivian has reworked its loan deal with the Department of Energy and now expects to borrow $4.5 billion to build its new factory in Georgia, down from the original amount of $6.6 billion.

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TechCrunch
by Sean O'Kane, Kirsten Korosec
Rivian downsizes DOE loan to $4.5B, while boosting capacity of Georgia factory
Rivian has reworked its loan deal with the Department of Energy and now expects to borrow $4.5 billion to build its new factory in Georgia, down from the original amount of $6.6 billion.
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This article was originally published by TechCrunch and written by Sean O'Kane, Kirsten Korosec.

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