Lame-duck Biden administration loans $6.6B to struggling Tesla rival Rivian
Shares of a struggling electric-car maker that competes against Tesla are surging this week after the lame-duck Biden ...
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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 ...