A loan from the U.S. Department of Energy could jumpstart Rivian’s stalled plans for an EV facility in Georgia, setting the ...
The US Department of Energy will loan Rivian $6.6 billion to build an electric vehicle factory in Georgia, as Democrats ...
Rivian said on Monday it has received conditional approval for a loan of up to $6.6 billion from the U.S. Department of ...
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 ...
The Energy Department said the loan would substantially boost electric vehicles made in the United States and support Biden’s ...
ATLANTA — The U.S. Department of Energy announced that Rivian is set to receive a nearly $6.6 billion loan to construct its ...
Electric vehicle manufacturer Rivian will receive nearly $6.6 billion from the Biden administration to construct a factory in ...
The company plans to produce R2 vehicles, a smaller SUV, in Georgia with lower price tags aimed at a mass market.
Rivian announced late Monday that it has received "conditional commitment" from the Department of Energy for a $6.6 billion ...
President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia ...
ATLANTA (AP) — President Joe Biden's administration announced Tuesday that the U.S. Department of Energy will make a $6.6 ...