Biden administration to loan $6.6 billion to EV maker Rivian to build Georgia factory that automaker paused
The Energy Department said the loan would substantially boost electric vehicles made in the United States and support Biden’s goal of having zero-emission vehicles make up half of all new US sales by 2030.
Rivian Tri-Motor R1S Tops the List
The company has product pipeline visibility with its upcoming R2, due to be launched in the first half of 2026, followed by ...
Rivian and Volkswagen unveiled a joint venture last week, named Rivian and VW Group Technology, LLC, which officially launched on Wednesday. Volkswagen is investing $5.8 billion in Rivian to leverage ...
If Rivian's $6.6 billion government loan gets approved, it will support the construction of the EV maker's new production ...
Rivian CEO RJ Scaringe told reporters that an 800-volt architecture is "not as critical" for small and mid-size products like ...
Biden administration will loan $6.6 billion to Rivian to build Georgia factory that automaker paused
Trump later softened his stance as Tesla CEO Elon Musk became a supporter and adviser. Rivian made a splash when it went ...
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