Rivian Automotiv e ( RIVN 3.04%) stock is on a roll. A recent move higher has gone into overdrive over the past two days.
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Rivian’s Loses Hit $19 Billion
Rivian will get a conditional loan from the federal government. However, the $6.6 billion does not mean its sales will rise.
The loan is a critical step for the EV maker, which had halted work on its plant after struggling to become profitable.
Irvine electric-vehicle maker Rivian has conditional approval for a $6.6-billion loan to fund the construction of a new plant ...
Down by 92% since its initial public offering (IPO) in021, Rivian Automotive (NASDAQ: RIVN) highlights the risks of buying a ...
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 said on Monday it has received conditional approval for a loan of up to $6.6 billion from the U.S. Department of ...
President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia ...
The expected $6 billion federal loan to Rivian for its Georgia electric vehicle factory resurfaces a lingering divide over green energy incentives.
Rivian said it will use a $6.6 billion government loan to “aggressively” scale manufacturing of its R2, which is coming in ...
The conditional commitment from the U.S. Department of Energy’s Advanced Technology Vehicle Manufacturing program includes $6 ...
The Biden-Harris administration has announced a $6.57 billion loan to Rivian Automotive (NASDAQ: RIVN) in a move aimed at bolstering the struggling electric vehicle manufacturer and expanding the ...