President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia ...
A Department of Energy loan could enable the company to begin R2 and R3 production in the peach state as early as 2028 ...
The loan is a critical step for the EV maker, which had halted work on its plant after struggling to become profitable.
Rivian won a “conditional commitment” from the Department of Energy for a $6.6 billion loan, highlighting Rivian’s improving ...
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 ...
Rivian secured a $6.6 billion loan from the U.S. DOE to construct a new EV plant in Georgia to scale production of affordable ...
Rivian announced late Monday that it has received "conditional commitment" from the Department of Energy for a $6.6 billion ...
A loan from the U.S. Department of Energy could jumpstart Rivian’s stalled plans for an EV facility in Georgia, setting the ...
Months after Rivian halted construction of its east Georgia factory, a lifeline from the federal government could help it ...
The company plans to produce R2 vehicles, a smaller SUV, in Georgia with lower price tags aimed at a mass market.
Sen. Jon Ossoff, a proponent of the emission-free vehicle plant, says it will supercharge Georgia’s economy. Plus, the ...