President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia ...
Irvine electric-vehicle maker Rivian has conditional approval for a $6.6-billion loan to fund the construction of a new plant ...
The loan is a critical step for the EV maker, which had halted work on its plant after struggling to become profitable.
Rivian said on Monday it has received conditional approval for a loan of up to $6.6 billion from the U.S. Department of ...
Rivian paused work on the plant earlier this year amid financial difficulties. The factory is supposed to produce midsize and ...
The US Department of Energy will loan Rivian $6.6 billion to build an electric vehicle factory in Georgia, as Democrats ...
The financing for a factory in Georgia is part of a last-minute effort to establish climate policies before President-elect ...
Rivian won a “conditional commitment” from the Department of Energy for a $6.6 billion loan, highlighting Rivian’s improving ...
A Department of Energy loan could enable the company to begin R2 and R3 production in the peach state as early as 2028 ...