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Rivian, EV and Georgia
Biden administration to loan $6.6B to EV maker Rivian to build Georgia factory that automaker paused
President Joe Biden's administration announced Tuesday that the U.S. Department of Energy will make a $6.6 billion loan to Rivian Automotive to build a factory in Georgia that had stalled as the startup electric vehicle maker struggled to become profitable.
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.
Rivian to use Biden administration loan to boost competitiveness of its EVs
Shares of Rivian Automotive Inc. got a lift Tuesday after the electric-vehicle maker said it received a “conditional commitment” from the Biden administration for a loan of up to $6.6 billion to help accelerate its manufacturing in the U.
11h
on MSN
Rivian receives conditional $6.6-billion federal loan for plant, new models
Irvine electric-vehicle maker Rivian has conditional approval for a $6.6-billion loan to fund the construction of a new plant ...
10h
Ticker: Shoplifting ring stole $2M in cosmetics and clothes; Biden administration to loan $6.6B to EV maker Rivian to build Georgia factory
Ticker: Shoplifting ring stole $2M in cosmetics and clothes; Biden administration to loan $6.6B to EV maker Rivian to build ...
Santa Rosa Press Democrat
1d
Biden administration to loan $6.6 billion 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 ...
FOX 5 Atlanta
17h
Biden administration giving Rivian $6.6B loan to build Georgia factory
SOCIAL CIRCLE, Ga. - President Joe
Biden
’s administration announced on Tuesday that the U.S. Department of Energy will make ...
21h
Tesla And Rivian Finally Approaching A Settlement Over Tech Theft Lawsuit
Good morning! It’s Monday, November 25, and this is The Morning Shift, your daily roundup of the top automotive headlines ...
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