The loan is a critical step for the EV maker, which had halted work on its plant after struggling to become profitable.
The Energy Department said the loan would substantially boost electric vehicles made in the United States and support Biden’s ...
President Joe Biden's administration announced Tuesday that the U.S. Department of Energy will make a $6.6 billion loan to ...
Irvine electric-vehicle maker Rivian has conditional approval for a $6.6-billion loan to fund the construction of a new plant ...
While Rivian's 2024 delivery outlook of 50,500 to 52,000 vehicles (compared to 50,122 in 2023) remains unimpressive, new cheaper models like the mid-sized R2 and R3 SUVs (starting at $45,000) could ...
1 Day RIVN -0.43% DJIA 0.28% S&P 500 0.57% Automotive -4.94% ...