Rivian said on Monday it has received conditional approval for a loan of up to $6.6 billion from the U.S. Department of ...
President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia ...
Rivian paused work on the plant earlier this year amid financial difficulties. The factory is supposed to produce midsize and ...
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 ...
The loan is a critical step for the EV maker, which had halted work on its plant after struggling to become profitable.
MORGAN COUNTY, Ga. — The stalled Rivian manufacturing plant mega-project in Georgia is getting a huge revival boost from the ...
A Department of Energy loan could enable the company to begin R2 and R3 production in the peach state as early as 2028 ...
Rivian won a “conditional commitment” from the Department of Energy for a $6.6 billion loan, highlighting Rivian’s improving ...