ATLANTA -- President Joe Biden's administration announced Tuesday that the U.S. Department of Energy will make a $6.6 billion ...

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 ...

Rivian Automotive has secured conditional loan of up to $6.6bn from the US Department of Energy (DOE) to support the ...

The ATVM Loan Program has played a pivotal role in the development of the U.S. EV industry, with previous support for ...

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 ...

In March, Rivian announced it would pause construction of its Georiga plant to speed up current production and save the ...

The loan would be secured by Rivian’s facility at its Stanton Springs site and its fixed assets and guarantees by the parent ...

Consider the Biden Energy Department’s stunning $6 billion loan to struggling Rivian Automotive to make electric vehicles. We ...

Rivian Automotive ($RIVN) has received a conditional loan approval of $6.6 billion from the U.S. Department of Energy (DOE) ...