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.
The loan comes in two tranches, which Rivian says it will use to fund the two stages of buildout it’s planning in Georgia. Rivian can borrow up to $3.35 billion in the first tranche, and up to $ ...
The U.S. Department of Energy gave final approval Thursday to electric vehicle maker Rivian for a $6.6 billion loan to support its stalled Georgia factory, a huge infusion of cash intended to ...
ATLANTA — Electric vehicle manufacturer Rivian was approved for a $6.57 billion federal loan to help it restart construction on a Georgia manufacturing facility to be built in Social Circle.
Rivian's 615K production target by 2030 and R2 ramp could drive growth. Read why RIVN stock is undervalued with a 10x ...
With a global race to dominate the clean energy transition underway, experts say Trump’s moves could put the U.S. at a disadvantage, and leave Georgia caught in the crossfire.
That’s Rivian’s Chief Software Officer Wassym Bensaid speaking of the attention Rivian’s technology-focused joint venture ...
Rivian and the Department of Energy have worked together closely for over two years in order for the loan to proceed to closing. “This loan will help us accelerate the launch of our Georgia ...
“Georgia’s incentives process protects the Georgia taxpayer ... with plans to hire 8,500 workers. Electric truck maker Rivian ...
Rivian and the Department of Energy have finalized a $6.6 billion loan announced in November with just a few days left until Donald Trump’s inauguration. The company will use the loan to help build ...
Rivian has said the Georgia plant is vital to scaling its business. The company currently makes three-row R1S luxury SUVs and R1T trucks as well as commercial vans.
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