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Rivian receives conditional $6.6-billion federal loan for plant, new models
Irvine electric-vehicle maker Rivian has conditional approval for a $6.6-billion loan to fund the construction of a new plant in Georgia.
Rivian Receives Conditional $6.6 Billion U.S. Loan to Expand EV Production
The conditional commitment from the U.S. Department of Energy’s Advanced Technology Vehicle Manufacturing program includes $6 billion in principal and approximately $600 million in capitalized interest.
Rivian Receives $6.6B Loan Approval to Build EV Production Facility
Rivian Automotive, Inc. RIVN has got conditional approval for a loan of up to $6.6 billion from the U.S. Department of Energy to develop its electric vehicle (EV) production plant in Georgia. The announcement followed the inauguration of President-elect Donald Trump,
9d
on MSN
Rivian Shares Surge as Volkswagen Increases Its Potential Investment. Is It Too Late to Buy the Stock?
Rivian Automotive (NASDAQ: RIVN) shares jumped following news that Volkswagen (OTC: VWAGY) upped its potential investment in ...
1d
on MSN
Biden Grants Rivian $6.6B Loan to Revive Stalled Georgia EV Factory
The loan is a critical step for the EV maker, which had halted work on its plant after struggling to become profitable.
15d
on MSN
The Rivian-Volkswagen joint venture deal is now up to $5.8B
Rivian and Volkswagen Group have finalized a multibillion-dollar joint venture to develop software, paving the way to let the ...
1d
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 ...
14d
on MSN
Rivian’s stock soars as joint venture with Volkswagen is upsized to $5.8 billion
Rivian Automotive Inc. and Volkswagen have launched their upsized joint venture, joining forces with the goal of creating ...
13d
Why Rivian's $5.8 Billion Deal With Volkswagen Is Exceptionally Bullish
Electric vehicle (EV) maker Rivian (NASDAQ: RIVN) said late Tuesday that it closed a hugely important deal, in which giant ...
autoevolution
13d
Rivian Achieved in Three Months What Volkswagen Couldn't Do in Years of Spending Billions
Rivian demonstrated its software on a drivable Audi Q6 prototype, achieving in three months of work what Volkswagen couldn't ...
14d
Rivian shares surge 15% after Volkswagen invests $5.8B as part of joint venture
Shares of Rivian jumped over 15% after the EV maker announced a $5.8 billion investment from German automaker Volkswagen as ...
8d
Volkswagen appoints former Rivian executive as head of American business
Volkswagen appointed former Rivian executive Kjell Gruner as head of its American business on Tuesday, as the automaker faces ...
14d
Volkswagen, Rivian launch their $5.8B joint venture
The announcement lifts the veil on one of the largest automotive deals this year, providing more details on its goals, ...
14d
Rivian-Volkswagen partnership to produce EV tech for model to be manufactured in Georgia
Rivian is teaming up with Volkswagen in a $5.8 billion joint venture for EV innovation on its R2 model, which the company ...
3d
This Might Just Be Rivian's Best Decision Yet
Rivian has made plenty of good decisions, but this one might top them all.
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