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Rivian, EV and Georgia
Nearly $6 billion federal loan will help Rivian restart construction of EV plant
A nearly $6 billion federal loan will help electric-vehicle manufacturer Rivian restart construction of a $5 billion vehicle and battery plant near Covington.
Rivian gets $6.6 billion government loan to build its EV factory in Georgia
The US Department of Energy will loan Rivian $6.6 billion to build an electric vehicle factory in Georgia, as Democrats scramble to finalize their climate agenda before Donald Trump takes office. Rivian said it received “conditional commitment” for its application to the Advanced Technology Vehicles Manufacturing (ATVM) Loan Program,
Rivian gets $6.6 billion conditional loan approval to build Georgia EV plant
Rivian said on Monday it has received conditional approval for a loan of up to $6.6 billion from the U.S. Department of Energy to build the electric vehicle maker's production facility in Georgia. The announcement comes ahead of the inauguration of President-elect Donald Trump,
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.
Biden administration to loan $6.6B to EV maker Rivian to build Georgia factory that automaker paused
President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia factory.
Federal loan to struggling EV automaker under fire
Politicians from both sides of the aisle were quick to react to the announcement of additional funding going to what they’ve labeled a “failing company.”
U.S. Government to Support Rivian with $6.6 Billion Loan for EV Production
The U.S. Department of Energy has agreed to loan the company $6.6 billion. This loan will help Rivian build a new factory in Stanton Springs North, Georgia, to produce electric vehicles. If everything goes as planned,
4h
on MSN
Billionaire Israel Englander Just Reduced Millennium's Stake in Rivian by 95% and Scooped Up This Other Cathie Wood Favorite EV Stock Instead
Israel Englander's Millennium Management significantly reduced its position in Rivian and plowed into a flying taxi start-up ...
Seattle Times
2d
Can Amazon-backed EV maker Rivian grow out of its ‘awkward’ teen years?
A $5.8 billion joint venture with Volkswagen Group that closed this month extended a lifeline for the
EV
maker, giving it ...
The Pantagraph
1d
The plan for EV maker Rivian to emerge from its ‘awkward teenage years’
Rivian CEO and founder R.J. Scaringe recently described the company as being in its "awkward teenage years." Here's his plan ...
3d
Rivian: EV Subsidies Are Ending (Rating Downgrade)
Rivian faces significant challenges as EV subsidies end, making it difficult to compete with Tesla and Ford. Find out why I ...
7d
on MSN
‘Terrible’: Rivian’s Longest-Range EV Tested For Its Road-Tripping Abilities
The 2025 Rivian R1T with the Max battery pack, which uses nickel manganese cobalt (NMC) cells, starts at $83,900. It’s the ...
1d
Elon Musk On California's EV Rebate Proposal, Tesla Dispute Settlements, And Rivian Powering Upcoming Volkswagen EV: This Week In EVs
This week saw significant developments in the electric vehicle (EV) sector, with Elon Musk, Tesla, and Rivian making ...
Electrek
2d
Podcast: Tesla sale incentives intensify, new California EV credit?, Rivian’s new factory, and more
In the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. In this ...
2d
Could Buying Rivian Stock Today Set You Up for Life?
Rivian (NASDAQ: RIVN) hasn't had the best year in 2024. In fact, the problems are more likely growing pains than anything ...
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