Rivian breaks ground on $5B Georgia factory ahead of construction in 2026

Rivian, the electric vehicle startup, has broken ground on a $5 billion factory in Georgia, marking a significant milestone in the company's expansion plans. The new facility, set to be operational by 2026, will be responsible for producing Rivian's R2 SUV models. The groundbreaking ceremony, though largely ceremonial, represents an important step forward for the project, which has faced a fair amount of uncertainty in recent years. The factory is expected to create thousands of new jobs in the region, contributing to the growth of the local economy. Despite the challenges, Rivian remains committed to its ambitious plans, and the new Georgia facility is seen as a crucial part of the company's strategy to increase its production capacity and meet the growing demand for its electric vehicles. The first R2 SUVs are expected to roll off the assembly line in 2028, further expanding Rivian's product lineup.