President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia ...
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 ...
Rivian Automotive has received a conditional $6.6 billion loan commitment from the Department of Energy, which will aid the ...
The loan is a critical step for the EV maker, which had halted work on its plant after struggling to become profitable.
The ATVM Loan Program has played a pivotal role in the development of the U.S. EV industry, with previous support for ...
Rivian Automotive, Inc. (NASDAQ:RIVN) shares are trading higher premarket on Tuesday. The company disclosed a conditional ...
Rivian Automotive ($RIVN) has received a conditional loan approval of $6.6 billion from the U.S. Department of Energy (DOE) ...
The loan would be secured by Rivian’s facility at its Stanton Springs site and its fixed assets and guarantees by the parent ...
Rivian Automotive will get a $6 billion federal loan from the Department of Energy (DOE) that will go towards building the ...
Electric automaker Rivian Automotive revealed on Tuesday that it has received conditional approval for a loan of up to $6.6 ...