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Biden, Rivian
Opinion
Opinion | Biden Tosses Rivian a $6 Billion Lifeline
Consider the Biden Energy Department’s stunning $6 billion loan to struggling Rivian Automotive to make electric vehicles. We had fun calling Rivian a “government unicorn” three years ago when it went public and surged to a fantastic $120 billion market valuation.
Biden Administration to Lend $6 Billion for Rivian E.V. Factory
The financing for a factory in Georgia is part of a last-minute effort to establish climate policies before President-elect Donald J. Trump takes office.
Biden administration will loan $6.6 billion to Rivian to build Georgia factory that automaker paused
ATLANTA (AP) — President Joe
Biden
's administration announced Tuesday that the U.S. Department of Energy will make a $6.6 billion loan to
Rivian
Automotive to build a factory in Georgia that had stalled as the startup automaker struggled to become ...
Biden administration to loan $6.6B to EV maker Rivian to build Georgia factory that automaker paused
President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia factory
Biden Grants Rivian $6.6B Loan to Revive Stalled Georgia EV Factory
The loan is a critical step for the EV maker, which had halted work on its plant after struggling to become profitable.
Rivian to use Biden administration loan to boost competitiveness of its EVs
Rivian said it will use a $6.6 billion government loan to “aggressively” scale manufacturing of its R2, which is coming in 2026.
EV maker Rivian gets $6.6 billion federal loan to finish Georgia plant
Rivian paused work on the plant earlier this year amid financial difficulties. The factory is supposed to produce midsize and crossover SUVs.
2h
Musk Ally Ramaswamy Takes Aim At Biden's $6.6B Loan To Tesla Rival Rivian
Newly appointed government efficiency co-czar Vivek Ramaswamy says he will scrutinize a loan issued by the Biden ...
1d
on MSN
Elon Musk’s DOGE partner Vivek Ramaswamy says they’ll scrutinize $6.6 billion Biden loan to Tesla rival Rivian
Critics advise the incoming Trump administration to pull the plug on 'corporate-welfare loans handed out for political ...
4d
on MSN
Biden administration to loan Rivian $6.6B to build US factory that automaker paused
President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia ...
2d
on MSN
Lame-duck Biden administration loans $6.6B to struggling Tesla rival Rivian
Rivian, the EV startup based in California, was worth as much as $150 billion just three years ago before its stock price ...
The Pantagraph
2h
Vivek Ramaswamy pans Rivian’s expected $6B federal loan for Georgia factory
Vivek Ramaswamy criticized the Biden administration’s nearly $6 billion federal loan expected for Rivian’s electric vehicle ...
2d
on MSN
Vivek Ramaswamy calls Rivian's $6.6 billion federal loan a 'political shot' at Elon Musk
The Tesla rival was granted a $6.6 billion loan from the Department of Energy to restart construction of a stalled EV factory ...
4d
Biden administration preliminarily OKs $6.6B loan to EV maker Rivian
The Biden administration has preliminarily said it would give a $6.6 billion loan to electric vehicle (EV) maker Rivian for a ...
FOX 5 Atlanta
4d
Biden administration giving Rivian $6.6B loan to build Georgia factory
SOCIAL CIRCLE, Ga. - President Joe
Biden
’s administration announced on Tuesday that the U.S. Department of Energy will make ...
3d
Biden administration to loan $6.6 billion to EV maker Rivian to build Georgia factory that automaker paused
The Energy Department said the loan would substantially boost electric vehicles made in the United States and support Biden’s ...
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