Rivian said on Monday it has received conditional approval for a loan of up to $6.6 billion from the U.S. Department of ...
ATLANTA -- President Joe Biden's administration announced Tuesday that the U.S. Department of Energy will make a $6.6 billion ...
The US Department of Energy will loan Rivian $6.6 billion to build an electric vehicle factory in Georgia, as Democrats ...
The loan is a critical step for the EV maker, which had halted work on its plant after struggling to become profitable.
The Energy Department said the loan would substantially boost electric vehicles made in the United States and support Biden’s ...
Electric vehicle manufacturer Rivian will receive nearly $6.6 billion from the Biden administration to construct a factory in ...
Rivian paused work on the plant earlier this year amid financial difficulties. The factory is supposed to produce midsize and ...
ATLANTA — The U.S. Department of Energy announced that Rivian is set to receive a nearly $6.6 billion loan to construct its ...
Rivian won a “conditional commitment” from the Department of Energy for a $6.6 billion loan, highlighting Rivian’s improving ...
The plant is expected to produce the company’s R2 and R3 EV models, create 7,500 jobs, and expand Rivian’s footprint in the ...