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ATLANTA - Electric vehicle manufacturer Rivian (NASDAQ:RIVN) announced it will open an East Coast headquarters in Atlanta, Georgia, as part of its ongoing investment in the state. The company, currently valued at $14.8 billion and maintaining a strong liquidity position with a current ratio of 3.73, plans to occupy the top floor and lobby of Portman Holdings’ Junction Krog District building, according to a press release statement. InvestingPro analysis reveals the company holds more cash than debt on its balance sheet, positioning it well for this expansion.
The new office is scheduled to open in late 2025, with further expansion planned for 2026 as construction progresses at Rivian’s manufacturing facility in nearby Social Circle. The company expects to employ approximately 100 people at the Atlanta location by the end of 2025, growing to around 500 employees when fully staffed. This expansion comes as Rivian works to scale its operations, having generated $5 billion in revenue over the last twelve months.
"Atlanta embodies so much that makes Georgia great—top talent, exceptional creativity, and a desire to always be moving forward," said Rivian Founder and CEO RJ Scaringe in the statement.
The headquarters will be located at 667 Auburn Ave NE, adjacent to the Eastside Trail of the Atlanta Beltline, with access to public transportation.
Georgia Governor Brian Kemp noted that Rivian’s decision demonstrates "their commitment to the Peach State," while Atlanta Mayor Andre Dickens highlighted the city’s growing role in "EV innovation and technology integration."
This announcement builds upon Rivian’s previous commitment to construct a 7,500-person manufacturing facility in Stanton Springs North, near Social Circle. The company indicated it plans to establish partnerships with universities, technical colleges, and various institutions as it expands its presence in Georgia.
Rivian, which develops and manufactures electric vehicles in the United States, sells directly to consumer and commercial customers.
In other recent news, Rivian Automotive Inc. has made significant strides in various aspects of its operations. The company delivered 10,661 vehicles in the second quarter of 2025, which matched analyst estimates but fell short of the previous year’s 13,790 deliveries. Production numbers were notably lower, with 5,979 vehicles produced, a significant drop from the expected 11,325 units. This shortfall was attributed to preparations for model year 2026 vehicles. Rivian also announced a partnership with Google to integrate Google Maps into its navigation system, enhancing its in-vehicle technology offerings.
In terms of factory development, Rivian is set to resume preparation work on its Georgia factory, with groundbreaking anticipated in early 2026. The company has already invested over $80 million in the project and is in talks with suppliers for potential collaborations. Meanwhile, Cantor Fitzgerald has maintained its Neutral rating on Rivian, citing reduced delivery guidance and other economic factors as reasons for its stance. Additionally, Rivian-backed startup Also Inc. has reached a $1 billion valuation following a $200 million investment from Greenoaks Capital.
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