There are questions about how the federal funding freeze could affect Georgia’s Rivian plant which was awarded billions in funding in the final days of the Biden administration.

After a pause due to high costs, the electric vehicle manufacturer anticipates work on the project near Atlanta to begin in 2026.

The EV startup is pushing forward with plans for hands-free driving in 2025 and fully "eyes-off" systems by 2026, entering the competitive race for autonomous technology.

Electric vehicles are “not a political thing,” according to Rivian’s (RIVN) CEO RJ Scaringe. Although the Trump administration is

Rivian (NASDAQ:RIVN) closes on giant $6.6 billion loan from U.S. Department of Energy (DOE) to fund Georgia's state-of-the-art manufacturing facility. The new plant, to be located at the same location as the old factory of Lordstown Motors Corp.

Donald Trump was sworn in as the 47th president earlier today, but the Biden administration rammed through a number of last minute decisions before that took place. One of them was the finalization of a loan to Rivian worth up to $6.6 billion.

Rivian recently announced the closing of a loan agreement with the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) for up to $6.6 billion in financial support for building its next

The joint venture with Volkswagen is drawing interest from other automakers eager to adopt Rivian's advanced tech, signaling a shift in EV industry dynamics.

The deal in the waning days of the Biden administration could insulate the loan from attempts to cut back on the Department of Energy’s Loan Programs Office, analysts say.

While Tesla focuses on its robotaxi launch, Rivian is looking to take hands off the wheel and eyes off the road while enabling drivers to chat with the car.

Established in 2009, Rivian designs, develops, and manufactures premium electric vehicles (EVs). Their lineup features the rugged R1T pickup truck, the versatile R1S SUV, and the eco-friendly Rivian electric delivery van.

It also secured a $6.57 billion loan from the U.S. Department of Energy to open a second factory in Georgia. Rivian also plans to open its fourth location the Seattle area, according to the Puget ...