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$6 Billion Federal Loan Just Saved Rivian's Georgia Plant
Nearly $6 billion federal loan will help Rivian restart construction of EV plant
A nearly $6 billion federal loan will help electric-vehicle manufacturer Rivian restart construction of a $5 billion vehicle and battery plant near Covington.
Rivian gets $6.6 billion conditional loan approval to build Georgia EV plant
Rivian said on Monday it has received conditional approval for a loan of up to $6.6 billion from the U.S. Department of Energy to build the electric vehicle maker's production facility in Georgia.
Biden Grants Rivian $6.6B Loan to Revive Stalled Georgia EV Factory
The loan is a critical step for the EV maker, which had halted work on its plant after struggling to become profitable.
justthenews
9h
Federal loan to struggling EV automaker under fire
All-electric automaker Rivian Automotive has announced that it received a “conditional commitment” for a $6.6B loan from ...
Athens Banner-Herald
3d
Funding tentatively approved for new $6.6 billion EV plant in Georgia. Here's what we know
Rivian has been tentatively approved for a $6.6 billion loan to build an electric vehicle facility in Georgia. Here's what to ...
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