The expected $6 billion federal loan to Rivian for its Georgia electric vehicle factory resurfaces a lingering divide over green energy incentives.
ATLANTA — The U.S. Department of Energy announced that Rivian is set to receive a nearly $6.6 billion loan to construct its ...
When bulldozers started churning up earth across the road to clear the site for the electric truck assembly plant ... RELATED ...
A loan from the U.S. Department of Energy could jumpstart Rivian’s stalled plans for an EV facility in Georgia, setting the ...
President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia ...
Biden administration's $6.6B loan to Rivian revives plans for Georgia EV factory, boosting US electric vehicle production.
Rivian (RIVN) announced late Thursday night that it won a “conditional commitment” from the Department of Energy (DOE) for a ...
Rivian Automotive has received conditional approval for a nearly $7 billion loan from the U.S. Department of Energy. The ...
The company plans to produce R2 vehicles, a smaller SUV, in Georgia with lower price tags aimed at a mass market.
The loan would be secured by Rivian’s facility at its Stanton Springs site and its fixed assets and guarantees by the parent ...
Rivian’s new facility will be constructed in two phases, with the first phase slated to begin production in 2028.