President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia ...
The company is losing $107,043 per EV sale, and taxpayers could end up paying.
The Biden administration has preliminarily said it would give a $6.6 billion loan to electric vehicle (EV) maker Rivian for a ...
The loan is a critical step for the EV maker, which had halted work on its plant after struggling to become profitable.
The Energy Department said the loan would substantially boost electric vehicles made in the United States and support Biden’s ...
Critics advise the incoming Trump administration to pull the plug on 'corporate-welfare loans handed out for political ...
It’s time once again to dive into another round of quick takes on the people, places and events that were being talked about ...
Newly appointed government efficiency co-czar Vivek Ramaswamy says he will scrutinize a loan issued by the Biden ...
Rivian, the EV startup based in California, was worth as much as $150 billion just three years ago before its stock price ...