# Rivian Automotive says it has renegotiated a $6.57 billion loan from the U.S. Department of Energy.

*semiconductor · news · 2026-04-30 · CNBC*

## Key points

- Rivian has renegotiated its DOE loan from $6.57 billion to $4.5 billion.
- The amended loan now supports one phase at 300,000 units, down from two phases totaling 400,000.
- Rivian will access the DOE loan in 2027, a year earlier than previously planned.
- Production of Rivian's R2 electric vehicle at the Georgia facility is scheduled to begin in late 2028.

**Companies:** Rivian Automotive
**Countries:** United States

[Read the full story on CNBC](https://www.cnbc.com/2026/04/30/rivian-renegotiates-doe-loan-adjusts-capacity-plans-for-georgia-plant.html)

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