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$6 Billion Federal Loan Just Saved Rivian's Georgia Plant
Rivian could get $6 billion federal loan to resume building Georgia plant
Months after Rivian halted construction of its east Georgia factory, a lifeline from the federal government could help it restart the highly anticipated project. Why it matters: Rivian's planned 2,000-acre compound roughly 50 miles east of Atlanta,
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.
1d
on MSN
Lame-duck Biden administration loans $6.6B to struggling Tesla rival Rivian
Rivian, the EV startup based in California, was worth as much as $150 billion just three years ago before its stock price ...
11Alive
2d
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
2d
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 ...
2d
Biden administration to loan $6.6 billion to EV maker Rivian to build Georgia factory that automaker paused
The Energy Department said the loan would substantially boost electric vehicles made in the United States and support Biden’s ...
23h
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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