The loan is a critical step for the EV maker, which had halted work on its plant after struggling to become profitable.
President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia ...
The loan, which includes $6 billion of principal and around $600 million of capitalized interest, would come from the U.S.
The maker of electric vehicles and trucks has faced numerous challenges as the EV market has cooled, but its CEO is ...
Irvine electric-vehicle maker Rivian has conditional approval for a $6.6-billion loan to fund the construction of a new plant ...
The electric trucks have a side cargo door, more space and, critically, air-conditioning, promising some long-overdue relief ...
Rivian made a splash when it went public and began producing large electric R1 SUVs, pickup trucks and delivery vans at a ...
The Lane Change on Command system can now slow the vehicle autonomously to find a gap where the truck fits ... system with over-the-air software delivery. Rivian reexamined and reformulated ...
A Rivian spokesperson told TechCrunch the automaker began delivery this spring and continues to ship adapters as quickly as it receives them. As of September 2024, Rivian said that customers who ...
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