The U.S. Department of Energy will loan $6.6 billion to Rivian to build a factory in Georgia that had stalled as the company ...

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 ...

As 2025 fast approaches, executives are zeroing in on possible targets for their respective businesses in the coming year.

Rivian Automotive will get a $6 billion federal loan from the Department of Energy (DOE) that will go towards building the ...

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

The Department of Energy (DOE) is working to finalize a $6 billion loan to fund construction for an electric vehicle facility ...

Ticker: Shoplifting ring stole $2M in cosmetics and clothes; Biden administration to loan $6.6B to EV maker Rivian to build ...

Rivian Automotive has received conditional approval for a nearly $7 billion loan from the U.S. Department of Energy. The ...

Rivian has been tentatively approved for a $6.6 billion loan to build an electric vehicle facility in Georgia. Here's what to ...

The loan is a critical step for the EV maker, which had halted work on its plant after struggling to become profitable.

Rivian Automotive has received a conditional $6.6 billion loan commitment from the Department of Energy, which will aid the ...

The company plans to produce R2 vehicles, a smaller SUV, in Georgia with lower price tags aimed at a mass market.