← Back to feed Brand & Business

Rivian downsizes new EV factory after Trump’s DOE slashes loan agreement

The Verge 30 April 2026 2h ago
Rivian downsizes new EV factory after Trump’s DOE slashes loan agreement
59
Relevance
3/25
Freshness
25/25
Authority
18/20
Brand Signal
9/15
Depth
4/15
Relevance Freshness Authority Brand Depth
Rivian announced some changes today with regard to the factory its building in the state of Georgia. The company was planning to build the facility in two phases, each resulting in 200,000 vehicles of annual production capacity, for a total of 400,000 units. Rivian held a ground breaking ceremony late last year. Now the company […]
Read Full Article → The Verge ↗