The Energy Department said the loan would substantially boost electric vehicles made in the United States and support Biden’s ...

President Joe Biden's administration announced Tuesday that the U.S. Department of Energy will make a $6.6 billion loan to ...

The Biden administration has preliminarily said it would give a $6.6 billion loan to electric vehicle (EV) maker Rivian for a ...

The loan is a critical step for the EV maker, which had halted work on its plant after struggling to become profitable.

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 ...

The Biden administration announced Tuesday that the U.S. Department of Energy will make a $6.6 billion loan to Rivian ...