The electric trucks have a side cargo door, more space and, critically, air-conditioning, promising some long-overdue relief ...
Irvine electric-vehicle maker Rivian has conditional approval for a $6.6-billion loan to fund the construction of a new plant ...
The loan is a critical step for the EV maker, which had halted work on its plant after struggling to become profitable.
ATLANTA — President Joe Biden's administration announced Tuesday that the U.S. Department of Energy will make a $6.6 billion loan to Rivian Automotive to build a factory in Georgia that had stalled as ...
Rivian made a splash when it went public and began producing large electric R1 SUVs, pickup trucks and delivery vans at a ...
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 ...