The loan comprises $6 billion in principal and $600 million in capitalized interest. The announcement follows Rivian’s recent $5.8 billion investment from Volkswagen as part of a joint technology ...
Rivian is set to receive a $6.6 billion loan commitment from the Department of Energy to continue building a plant in Georgia ...
A robust ecosystem of US companies developing and manufacturing EVs is critical for the US to maintain its long-term leadership in transportation.” Rivian's loan hasn't been finalized yet, as the ...
Biden administration to loan $6.6B to EV maker Rivian to build Georgia factory that automaker paused
Rivian Automotive receives a $6.6 billion loan from the U.S. Department of Energy to build a factory in Georgia, boosting electric vehicle production.
Rivian won a “conditional commitment” from the Department of Energy for a $6.6 billion loan, highlighting Rivian’s improving ...
The conditional approval would allow the automaker to complete construction on a massive factory in Georgia, increasing ...
Volkswagen has announced a redesign for its ID electric range, combining heritage-inspired design with technical updates, ...
Irvine electric-vehicle maker Rivian has conditional approval for a $6.6-billion loan to fund the construction of a new plant ...
Biden administration's $6.6B loan to Rivian revives plans for Georgia EV factory, boosting US electric vehicle production.
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