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Rivian's Georgia EV plant gets $6.6B conditional loan

Rivian’s stalled Georgia factory back on track with $6.6 billion federal loan

A loan from the U.S. Department of Energy could jumpstart Rivian’s stalled plans for an EV facility in Georgia, setting the stage for mass-market electric SUVs.

Associated Press on MSN · 2h

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.

Newsweek on MSN · 5h

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.

Rivian’s Georgia Plant Gets A $6.6 Billion Lifeline Thanks To Taxpayers

Rivian’s Georgia plant could begin production in 2028 after securing a $6.57 billion loan. The loan supports a ...

Yahoo Finance3m

$6 billion lifeline from federal gov. means Rivian will finish new EV plant in Georgia

with a Georgia senator enthusiastic about the benefits the state will see from Rivian’s “Project Horizon.” The plans to ...

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 ...

Santa Rosa Press Democrat17h

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 ...

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