President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia ...
The loan is a critical step for the EV maker, which had halted work on its plant after struggling to become profitable.
The Energy Department said the loan would substantially boost electric vehicles made in the United States and support Biden’s ...
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.