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Rivian, EV and Georgia
Lame-duck Biden administration loans $6.6B to struggling Tesla rival Rivian
Rivian, the EV startup based in California, was worth as much as $150 billion just three years ago before its stock price tanked since then.
Biden administration to loan $6.6B to EV maker Rivian to build Georgia factory that automaker paused
President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia factory.
Biden Grants Rivian $6.6B Loan to Revive Stalled Georgia EV Factory
The loan is a critical step for the EV maker, which had halted work on its plant after struggling to become profitable.
23h
on MSN
Rivian Stock Pares Back Gains. How $6.6 Billion From Biden Can Reignite the EV Maker.
The company's shares had started the week on a tear, despite the expectation that Donald Trump will eliminate EV tax credits.
Atlanta Journal-Constitution
10h
Biden’s Rivian lifeline highlights tough spot for Kemp on green energy incentives
The expected $6 billion federal loan to Rivian for its Georgia electric vehicle factory resurfaces a lingering divide over green energy incentives.
21h
Biden administration to loan $6.6 billion to EV maker Rivian to build Georgia factory that automaker paused
The Energy Department said the loan would substantially boost electric vehicles made in the United States and support Biden’s ...
thedeepdive
3h
Federal Loan Throws Rivian a $6.6B Lifeline Amid Mounting Debt and Production Delays
The Biden-Harris administration has announced a $6.57 billion loan to Rivian Automotive (NASDAQ: RIVN) in a move aimed at bolstering the struggling electric vehicle manufacturer and expanding the ...
1d
Tesla And Rivian Finally Approaching A Settlement Over Tech Theft Lawsuit
Good morning! It’s Monday, November 25, and this is The Morning Shift, your daily roundup of the top automotive headlines ...
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Georgia
Donald Trump
President of the United States
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