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 ...
Rivian paused work on the plant earlier this year amid financial difficulties. The factory is supposed to produce midsize and ...
The loan is a critical step for the EV maker, which had halted work on its plant after struggling to become profitable.
Rivian announced late Monday that it has received "conditional commitment" from the Department of Energy for a $6.6 billion ...
Rivian won a “conditional commitment” from the Department of Energy for a $6.6 billion loan, highlighting Rivian’s improving ...
ATLANTA — The U.S. Department of Energy announced that Rivian is set to receive a nearly $6.6 billion loan to construct its ...
A Department of Energy loan could enable the company to begin R2 and R3 production in the peach state as early as 2028 ...
In March, Rivian announced it would pause construction of its Georiga plant to speed up current production and save the ...
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 ...