A loan from the U.S. Department of Energy could jumpstart Rivian’s stalled plans for an EV facility in Georgia, setting the ...

President Joe Biden's administration announced this week 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 ...

Rivian has been tentatively approved for a $6.6 billion loan to build an electric vehicle facility in Georgia. Here's what to ...

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 ...

The ATVM Loan Program has played a pivotal role in the development of the U.S. EV industry, with previous support for ...

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

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 ...

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.

The Department of Energy (DOE) is working to finalize a $6 billion loan to fund construction for an electric vehicle facility ...

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

President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia ...