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Rivian secures $6.6 billion loan for new plant
Rivian could get $6 billion federal loan to resume building Georgia plant
Months after Rivian halted construction of its east Georgia factory, a lifeline from the federal government could help it restart the highly anticipated project. Why it matters: Rivian's planned 2,000-acre compound roughly 50 miles east of Atlanta,
Biden administration to loan $6.6B to EV maker Rivian to build Georgia factory that automaker paused
President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia factory.
EV maker Rivian gets $6.6 billion federal loan to finish Georgia plant
Rivian paused work on the plant earlier this year amid financial difficulties. The factory is supposed to produce midsize and crossover SUVs.
22m
on MSN
Vivek Ramaswamy calls Rivian's $6.6 billion federal loan a 'political shot' at Elon Musk
The Tesla rival was granted a $6.6 billion loan from the Department of Energy to restart construction of a stalled EV factory ...
11Alive
1d
Federal loan worth up to $6 billion on the way to revive stalled Georgia Rivian plant project
MORGAN COUNTY, Ga. — The stalled
Rivian
manufacturing plant mega-project in
Georgia
is getting a huge revival boost from ...
1d
Biden administration to loan $6.6 billion to EV maker Rivian to build Georgia factory that automaker paused
The Energy Department said the loan would substantially boost electric vehicles made in the United States and support Biden’s ...
Atlanta Journal-Constitution
1d
Biden’s Rivian lifeline highlights tough spot for Kemp on green energy incentives
The expected $6 billion federal loan to Rivian for its Georgia electric vehicle factory resurfaces a lingering divide over green energy incentives.
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