The planned Rivian factory will have the ability to produce up to 400,000 EVs each year. Rivian plans to start production at the nine-million-square-foot site in 2028. In the final few days of the Biden administration,

The plan for electric vehicle maker Rivian to build a plant in Georgia is contingent on a $6.57 billion federal loan that was secured during the Biden administration.

Rivian’s (RIVN) $6.6 billion federal loan to build its new EV manufacturing plant in Georgia faces uncertainty after President

The California-based electric vehicle maker intends to complete its $5 billion plant in Georgia, despite having faced hurdles in doing so.

The electric automaker Rivian said Thursday it’s recorded its first quarterly gross profit even as the company braces for potential U.S. policy changes on incentives, tariffs and regulations that could bring “hundreds of million of dollars” in financial impact.