ATLANTA — The U.S. Department of Energy announced that Rivian is set to receive a nearly $6.6 billion loan to construct its ...
Rivian has secured conditional approval of a loan of up to $6.6 billion from the U.S. Department of Energy to build a ...
The loan would be secured by Rivian’s facility at its Stanton Springs site and its fixed assets and guarantees by the parent ...
It's unclear whether the administration can complete the loan before Donald Trump becomes president again in less than two ...
Rivian secured a $6.6 billion loan from the U.S. DOE to construct a new EV plant in Georgia to scale production of affordable ...
Rivian said on Monday it has received conditional approval for a loan of up to $6.6 billion from the U.S. Department of ...
Sen. Jon Ossoff, a proponent of the emission-free vehicle plant, says it will supercharge Georgia’s economy. Plus, the ...
Rivian paused work on the plant earlier this year amid financial difficulties. The factory is supposed to produce midsize and ...
Rivian won a “conditional commitment” from the Department of Energy for a $6.6 billion loan, highlighting Rivian’s improving ...
Rivian has been granted conditional approved for a $6.6 billion loan from the U.S. Department of Energy to fund construction ...
While "Rivian's Georgia plant remains an extremely important part ... it currently doesn't even expect to break ground on the factory until the second quarter of that year, with preliminary ...
The U.S. startup said the funds will support the construction of its EV plant in Georgia and the production of more midsize vehicles.