A loan from the U.S. Department of Energy could jumpstart Rivian’s stalled plans for an EV facility in Georgia, setting the ...
The U.S. Department of Energy will loan $6.6 billion to Rivian to build a factory in Georgia that had stalled as the company ...
Rivian has been tentatively approved for a $6.6 billion loan to build an electric vehicle facility in Georgia. Here's what to ...
ATLANTA -- President Joe Biden's administration announced Tuesday that the U.S. Department of Energy will make a $6.6 billion ...
The loan is a critical step for the EV maker, which had halted work on its plant after struggling to become profitable.
The ATVM Loan Program has played a pivotal role in the development of the U.S. EV industry, with previous support for ...
The plant is expected to produce the company’s R2 and R3 EV models, create 7,500 jobs, and expand Rivian’s footprint in the ...
Ticker: Shoplifting ring stole $2M in cosmetics and clothes; Biden administration to loan $6.6B to EV maker Rivian to build ...
Electric automaker Rivian Automotive revealed on Tuesday that it has received conditional approval for a loan of up to $6.6 ...
Rivian’s new facility will be constructed in two phases, with the first phase slated to begin production in 2028.
Carmakers won't reverse their $160 billion investment in vehicles that don't use fossil fuels, while EV startup Rivian gets ...
The Energy Department said the loan would substantially boost electric vehicles made in the United States and support Biden’s ...