Irvine electric-vehicle maker Rivian has conditional approval for a $6.6-billion loan to fund the construction of a new plant ...
Biden administration's $6.6B loan to Rivian revives plans for Georgia EV factory, boosting US electric vehicle production.
The loan is a critical step for the EV maker, which had halted work on its plant after struggling to become profitable.
President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia ...
Carmakers won't reverse their $160 billion investment in vehicles that don't use fossil fuels, while EV startup Rivian gets ...
Rivian won a “conditional commitment” from the Department of Energy for a $6.6 billion loan, highlighting Rivian’s improving ...
The company plans to produce R2 vehicles, a smaller SUV, in Georgia with lower price tags aimed at a mass market.
The financing for a factory in Georgia is part of a last-minute effort to establish climate policies before President-elect ...
Rivian Automotive has secured conditional loan of up to $6.6bn from the US Department of Energy (DOE) to support the ...
The loan, which includes $6 billion of principal and around $600 million of capitalized interest, would come from the U.S.