President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia ...
Rivian announced late Monday that it has received "conditional commitment" from the Department of Energy for a $6.6 billion ...
The US Department of Energy will loan Rivian $6.6 billion to build an electric vehicle factory in Georgia, as Democrats ...
The company plans to produce R2 vehicles, a smaller SUV, in Georgia with lower price tags aimed at a mass market.
The loan is a critical step for the EV maker, which had halted work on its plant after struggling to become profitable.
Rivian paused work on the plant earlier this year amid financial difficulties. The factory is supposed to produce midsize and ...
Electric vehicle manufacturer Rivian will receive nearly $6.6 billion from the Biden administration to construct a factory in ...
A Department of Energy loan could enable the company to begin R2 and R3 production in the peach state as early as 2028 ...
Rivian won a “conditional commitment” from the Department of Energy for a $6.6 billion loan, highlighting Rivian’s improving ...
ATLANTA — The U.S. Department of Energy announced that Rivian is set to receive a nearly $6.6 billion loan to construct its ...
New electric-vehicle plant would be able to build up to 400,000 vehicles each year, when both phases are built.