A nearly $6 billion federal loan will help electric-vehicle manufacturer Rivian restart construction of a $5 billion vehicle ...
Rivian said on Monday it has received conditional approval for a loan of up to $6.6 billion from the U.S. Department of ...
Rivian paused work on the plant earlier this year amid financial difficulties. The factory is supposed to produce midsize and ...
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.
The Biden administration has preliminarily said it would give a $6.6 billion loan to electric vehicle (EV) maker Rivian for a ...
President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia ...
The loan is a critical step for the EV maker, which had halted work on its plant after struggling to become profitable.
Rivian faces significant challenges as EV subsidies end, making it difficult to compete with Tesla and Ford. Find out why I ...
The Energy Department said the loan would substantially boost electric vehicles made in the United States and support Biden’s ...
The conditional commitment from the U.S. Department of Energy’s Advanced Technology Vehicle Manufacturing program includes $6 ...
A $5.8 billion joint venture with Volkswagen Group that closed this month extended a lifeline for the EV maker, giving it ...