President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia ...
Months after Rivian halted construction of its east Georgia factory, a lifeline from the federal government could help it ...
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 loan is a critical step for the EV maker, which had halted work on its plant after struggling to become profitable.
Rivian paused work on the plant earlier this year amid financial difficulties. The factory is supposed to produce midsize and ...
Rivian, the EV startup based in California, was worth as much as $150 billion just three years ago before its stock price ...
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 ...
Plans for what is projected to be Georgia's largest manufacturing plant are back on track. Federal officials announced that ...
Rivian said late Monday it has secured conditional commitment for a $6.6 billion loan from the Department of Energy, funds ...
A Department of Energy loan could enable the company to begin R2 and R3 production in the peach state as early as 2028 ...
Rivian won a “conditional commitment” from the Department of Energy for a $6.6 billion loan, highlighting Rivian’s improving ...
MORGAN COUNTY, Ga. — The stalled Rivian manufacturing plant mega-project in Georgia is getting a huge revival boost from the ...