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Rivian secures $6.6 billion loan for new plant
Rivian could get $6 billion federal loan to resume building Georgia plant
Months after Rivian halted construction of its east Georgia factory, a lifeline from the federal government could help it restart the highly anticipated project. Why it matters: Rivian's planned 2,000-acre compound roughly 50 miles east of Atlanta,
Rivian gets $6B federal loan to resume work on stalled Ga. plant
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 struggled to become profitable.
Biden administration to loan $6.6B to EV maker Rivian to build Georgia factory that automaker paused
President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia factory
11Alive
1d
Federal loan worth up to $6 billion on the way to revive stalled Georgia Rivian plant project
MORGAN COUNTY, Ga. — The stalled
Rivian
manufacturing plant mega-project in
Georgia
is getting a huge revival boost from ...
1d
Biden administration to loan $6.6 billion to EV maker Rivian to build Georgia factory that automaker paused
The Energy Department said the loan would substantially boost electric vehicles made in the United States and support Biden’s ...
Atlanta Journal-Constitution
17h
Biden’s Rivian lifeline highlights tough spot for Kemp on green energy incentives
The expected $6 billion federal loan to Rivian for its Georgia electric vehicle factory resurfaces a lingering divide over green energy incentives.
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