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$6 Billion Federal Loan Just Saved Rivian's Georgia Plant
Rivian could get $6 billion federal loan to resume building Georgia plant
Months after Rivian halted construction of its east Georgia factory, a lifeline from the federal government could help it restart the highly anticipated project. Why it matters: Rivian's planned 2,000-acre compound roughly 50 miles east of Atlanta,
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.
Rivian Gets a Conditional $6.6b Loan for Its Georgia EV Factory
Electric truck and SUV maker Rivian says it has won “conditional commitment” from the US Department of Energy for a loan up to $6.6 billion, helping it
FOX 5 Atlanta
1d
Biden administration giving Rivian $6.6B loan to build Georgia factory
The U.S. Department of Energy is loaning
Rivian
Automotive to resume construction on its
Georgia
factory
designed to ...
The Business Journals
13d
Rivian-Volkswagen partnership to produce EV tech for R2 model
Rivian
is teaming up with Volkswagen in a $5.8 billion joint venture for EV innovation on its R2 model, which the company ...
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