Biden Administration Awards $6.6 Billion Loan to EV Maker Accused of Defrauding Investors
Rivian is battling a class-action securities fraud case in California tied to its much-hyped initial public offering three years ago.
Rivian Stock Rises. How $6.6 Billion From Biden Can Reignite the EV Maker.
Rivian Automotive stock was giving up some of its recent gains on Tuesday after the electric-vehicle maker said it had received a multi-billion-dollar loan from the U.S. government to help it make more cars.
Ticker: Shoplifting ring stole $2M in cosmetics and clothes; Biden administration to loan $6.6B to EV maker Rivian to build Georgia factory
Ticker: Shoplifting ring stole $2M in cosmetics and clothes; Biden administration to loan $6.6B to EV maker Rivian to build Georgia factory
Irvine-based EV maker Rivian OK’d for $6 billion US loan to build Georgia factory
The company plans to produce R2 vehicles, a smaller SUV, in Georgia with lower price tags aimed at a mass market.
Biden Administration Approves $6.6 Billion Loan for Loss-Making EV Maker Rivian
In the closing days of President Biden’s administration, it is handing out billions of dollars in a loan to an electric vehicle maker, Rivian Automotive, even though the company has struggled to become profitable.
EV maker Rivian gets $6.6 billion federal loan to finish Georgia plant
Rivian paused work on the plant earlier this year amid financial difficulties. The factory is supposed to produce midsize and crossover SUVs.
Biden administration to loan $6.6B to EV maker Rivian to build Georgia factory that automaker paused
President Joe Biden’s administration announced Tuesday 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
Biden administration seeking to finalize $6.6B loan to build EV factory before term ends
The Department of Energy (DOE) is working to finalize a $6 billion loan to fund construction for an electric vehicle facility in Georgia.
Biden Grants Rivian $6.6B Loan to Revive Stalled Georgia EV Factory
The loan is a critical step for the EV maker, which had halted work on its plant after struggling to become profitable.
Biden administration will loan $6.6 billion to Rivian to build Georgia factory that automaker paused
President Joe Biden's administration announced Tuesday 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 startup automaker struggled to become profitable.
Biden administration to loan Rivian $6.6B to build US 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
OpenAI’s AI-powered video maker Sora appears to have leaked
OpenAI's upcoming AI-powered video maker, Sora, appears to have leaked. These are some examples of what this AI tool can ...
Maker creates an Arduino-powered Bust-A-Move mechanism, controlled in real-time from Mame arcade emulator
Dr. Tom Tilley has brought the mechanism from Bust-A-Move to life using cardboard, a servo, and help from an Arduino.
Twinkie maker Hostess monitoring RFK Jr's anti-sugar, anti-packaged food agenda
Twinkie maker JM Smucker is planning to monitor and assess any changes in food and nutrition regulations that Robert F.
Santa Rosa Press Democrat16h
Biden administration to loan $6.6 billion 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 ...
An EV-battery maker that raised $15 billion from investors including Goldman Sachs filed for bankruptcy protection after almost running out of cash
Northvolt has struggled to boost production at its Swedish battery factory and recently announced 1,600 layoffs amid weak ...
Reuters on MSN10h
EV maker VinFast narrows Q3 losses, beats revenue estimates on strong demand
FT reports 12:34 PM UTC · Updated ago Technologycategory Google to tweak search results in Europe after rivals complained ...
Black Friday Ice Maker Deals 2024: Save Up to $150 On GE Nugget Ice Makers
The Opal 2.0 Nugget Ice Maker is one of our absolute favorites, thanks to an included water tank, efficient operation, and ...
Air-Taxi Maker Vertical Signs Tentative Funding Deal With Investor, Extends Cash Runway
(Reuters) -UK-based Vertical Aerospace and Mudrick Capital have signed a non-binding term sheet under which the investor will ...