Rivian said on Monday it has received conditional approval for a loan of up to $6.6 billion from the U.S. Department of ...
Rivian has been tentatively approved for a $6.6 billion loan to build an electric vehicle facility in Georgia. Here's what to ...
The US Department of Energy will loan Rivian $6.6 billion to build an electric vehicle factory in Georgia, as Democrats ...
ATLANTA — The U.S. Department of Energy announced that Rivian is set to receive a nearly $6.6 billion loan to construct its ...
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 ...
A nearly $6 billion federal loan will help electric-vehicle manufacturer Rivian restart construction of a $5 billion vehicle ...
The loan is a critical step for the EV maker, which had halted work on its plant after struggling to become profitable.
A Stellantis joint venture with Samsung SDI has won a commitment from the U.S. Energy Department for up to a $7.54 billion ...
Rivian’s new facility will be constructed in two phases, with the first phase slated to begin production in 2028.
Rivian paused work on the plant earlier this year amid financial difficulties. The factory is supposed to produce midsize and ...
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 ...
Electric vehicle (EV) manufacturer Rivian has secured a $6.6 billion loan from the U.S. Department of Energy (DOE) to develop ...