VinFast Stock Is Rising. The EV Maker Marked a Milestone.
Vietnamese electric-vehicle maker VinFast reported a narrower third-quarter loss than what Wall Street had expected, and outsold international rivals in its home country.
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
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 Stock Slips. 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.
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.
Rivian to use Biden administration loan to boost competitiveness of its EVs
Rivian said it will use a $6.6 billion government loan to “aggressively” scale manufacturing of its R2, which is coming in 2026.
Rivian Stock Pares Back Gains. How $6.6 Billion From Biden Can Reignite the EV Maker.
The company's shares had started the week on a tear, despite the expectation that Donald Trump will eliminate EV tax credits.
Biden administration will loan $6.6 billion to Rivian to build paused Georgia EV plant
It's unclear whether the administration can complete the loan before Donald Trump becomes president again in less than two months.
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