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Rivian secures $6.6 billion loan for new plant
Rivian receives conditional $6.6-billion federal loan for plant expansion, new models
Irvine electric-vehicle maker Rivian has conditional approval for a $6.6-billion loan to fund the construction of a new plant in Georgia.
Rivian gets $6.6 billion conditional loan approval to build Georgia EV plant
Rivian said on Monday it has received conditional approval for a loan of up to $6.6 billion from the U.S. Department of Energy to build the electric vehicle maker's production facility in Georgia.The announcement comes ahead of the inauguration of President-elect Donald Trump,
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.
2h
on MSN
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.
8m
on MSN
This Rivian R1T Vs. Tesla Cybertruck Test Proves EPA Range Isn't The Full Story
The second-generation Rivian R1S Dual Max has an EPA range of 420 miles compared to just 325 miles for the Tesla Cybertruck All-Wheel Drive. The Rivian eked out just 16 more miles than the Tesla, and ...
TopSpeed
5h
What A 2-Year-Old Rivian R1S Costs Today
If you're looking to purchase a Rivian R1S, here's what you need to know about its depreciation over a two-year period.
6h
Rivian Rides High: $6.6 Billion DOE Loan Commitment Fuels EV Expansion
Rivian Automotive, Inc. (NASDAQ:RIVN) shares are trading higher premarket on Tuesday. The company disclosed a conditional ...
54m
on MSN
Rivian CEO Says The Tesla Model Y Is Still The Best EV Under $50,000
There's no denying the fact that the Tesla Model Y is the best-selling electric car in the world, but is it the best electric ...
1d
Tesla, Rivian Agree to Settle Four-Year Trade Secrets Lawsuit
TSLA agrees to resolve a four-year-old trade secrets lawsuit with RIVN, provided that Rivian satisfies the settlement terms.
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