President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia ...
The Energy Department said the loan would substantially boost electric vehicles made in the United States and support Biden’s ...
The loan is a critical step for the EV maker, which had halted work on its plant after struggling to become profitable.
Rivian said it will use a $6.6 billion government loan to “aggressively” scale manufacturing of its R2, which is coming in ...
The Biden administration has preliminarily said it would give a $6.6 billion loan to electric vehicle maker Rivian for a ...
President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia ...
The financing for a factory in Georgia is part of a last-minute effort to establish climate policies before President-elect ...
Rivian, the EV startup based in California, was worth as much as $150 billion just three years ago before its stock price ...
In the closing days of President Biden’s administration, it is handing out billions of dollars in a loan to an electric ...
Rivian is set to receive a $6.6 billion loan commitment from the Department of Energy to continue building a plant in Georgia ...
Biden administration's $6.6B loan to Rivian revives plans for Georgia EV factory, boosting US electric vehicle production.