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Rivian secures $6.6 billion loan for new plant
Rivian could get $6 billion federal loan to resume building Georgia plant
Months after Rivian halted construction of its east Georgia factory, a lifeline from the federal government could help it restart the highly anticipated project. Why it matters: Rivian's planned 2,000-acre compound roughly 50 miles east of Atlanta,
Nearly $6 billion federal loan will help Rivian restart construction of electric-vehicle plant
The project was expected to create 7,500 jobs when it was announced in late 2021. But it appeared in doubt last March when Rivian unveiled plans to build its new R2 crossover models at a factory in Illinois instead of in Georgia.
Rivian to get a $6.6 billion federal government loan to build its Georgia EV plant
ATLANTA — The U.S. Department of Energy announced that Rivian is set to receive a nearly $6.6 billion loan to construct its Project Horizon manufacturing facility in Georgia. The proposed loan would be a combined $5.975 billion of principal and $592 million in capital interest, according to a news release on Tuesday.
Atlanta Journal-Constitution
1d
Democrats debate party chair role after Jon Ossoff-Nikema Williams clash
State party leaders met to discuss making the party chair a full-time position. But the impact on the current chair's future is unclear.
23h
on MSN
Biden administration to loan Rivian $6.6B to build US factory that automaker paused
President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia ...
WABE
4d
Ossoff and Warnock vote in favor of failed resolution to block weapons to Israel
On Wednesday, Georgia lawmakers Jon Ossoff and Raphael Warnock voted with 17 other Democratic U.S. senators in favor of a ...
Atlanta Journal-Constitution
2d
Criticism grows of Jon Ossoff’s vote to restrict ammunition for Israel
The backlash comes as the Georgia Democrat prepares for his reelection campaign in 2026. He is expected to be a top target of Republicans.
FOX 5 Atlanta
8d
Ossoff launches inquiry into unprompted searches at Atlanta airport
Sen. Jon Ossoff says he's extremely concerned that Black travelers may be disproportionally targeted by DEA agents at the ...
4d
Ossoff, Warnock urge Georgia to fix prison system’s problems
After the U.S. Department of Justice released an investigation into Georgia’s state prisons, U.S. Sens. Raphael Warnock and ...
Jewish Insider
5d
Georgia’s only Jewish state legislator slams Ossoff, Warnock for votes against Israel aid
The votes will have no effect on Israel’s government but will hurt the Jewish and pro-Israel community in Georgia, Democratic state Rep. Esther Panitch said ...
WSB Radio
6d
Sen. Ossoff asks for more relief to help Georgia farmers recover from Hurricane Helene
ATLANTA — Georgia Democratic U.S Sen. Jon Ossoff has urged congress to approve additional relief funds to help Georgia ...
WHNT
1d
Biden administration will loan $6.6 billion to Rivian to build Georgia factory that automaker paused
Democratic U.S. Sen.
Jon
Ossoff
, who has been a vocal supporter of electric vehicle and solar manufacturing in Georgia, ...
Opinion
Marietta Daily Journal
4d
Opinion
AROUND TOWN: Ossoff making waves in Washington and Georgia
Georgia, made waves in Washington this week when he voted to block the sale of weapons to Israel.
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Israel
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