Rivian said on Monday it has received conditional approval for a loan of up to $6.6 billion from the U.S. Department of ...
President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia ...
Rivian paused work on the plant earlier this year amid financial difficulties. The factory is supposed to produce midsize and ...
The loan is a critical step for the EV maker, which had halted work on its plant after struggling to become profitable.
The US Department of Energy will loan Rivian $6.6 billion to build an electric vehicle factory in Georgia, as Democrats ...
The company plans to produce R2 vehicles, a smaller SUV, in Georgia with lower price tags aimed at a mass market.
Rivian announced late Monday that it has received "conditional commitment" from the Department of Energy for a $6.6 billion ...
Rivian (RIVN) announced late Thursday night that it won a “conditional commitment” from the Department of Energy (DOE) for a ...
In March, Rivian announced it would pause construction of its Georiga plant to speed up current production and save the ...
The Tesla rival was granted a $6.6 billion loan from the Department of Energy to restart construction of a stalled EV factory ...