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Rivian's Georgia EV plant gets $6.6B conditional loan
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.
Federal loan puts Rivian’s Georgia factory back in the race
Rivian’s Georgia factory, the state's second-largest economic development project ever, is set to resume with new help from the federal government.
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.
11Alive
3d
Federal loan worth up to $6 billion on the way to revive stalled Georgia Rivian plant project
MORGAN COUNTY, Ga. — The stalled
Rivian
manufacturing plant mega-project in
Georgia
is getting a huge revival boost from ...
FOX 5 Atlanta
3d
Biden administration giving Rivian $6.6B loan to build Georgia factory
The U.S. Department of Energy is loaning
Rivian
Automotive to resume construction on its
Georgia
factory designed to ...
Santa Rosa Press Democrat
3d
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 ...
1d
on MSN
Vivek Ramaswamy calls Rivian's $6.6 billion federal loan a 'political shot' at Elon Musk
The Tesla rival was granted a $6.6 billion loan from the Department of Energy to restart construction of a stalled EV factory ...
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