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Rivian secures $6.6 billion loan for new plant
Rivian secures $6.6 billion loan for new plant – but with one major caveat
Rivian has secured conditional approval of a loan of up to $6.6 billion from the U.S. Department of Energy to build a production facility in Georgia – as long as the company won't actively oppose union organizing efforts.
Rivian Gets $6.6 Billion Loan To Supercharge Its New Georgia Plant
Welcome back to Critical Materials, your daily roundup for all things electric and automotive tech. Today, we're chatting about Rivian's new $6.6 billion loan to kick-start its new factory, federal mandates on safety tech, and the ongoing tariff battle in the EU. Let's jump in.
Rivian to Receive $6.6 Billion Department of Energy Loan for Georgia Plant
Key Takeaways Rivian announced late Monday that the EV startup has received initial approval for a loan from the U.S. government to build a factory in Georgia.The company could receive a $6.6 billion loan from the Department of Energy's Advanced Technology Vehicle Manufacturing program,
11m
Where Will Rivian Be in 3 Years?
Down by 92% since its initial public offering (IPO) in021, Rivian Automotive (NASDAQ: RIVN) highlights the risks of buying a ...
17h
on MSN
These Stocks Are Moving the Most Today: GM, Ford, Amgen, Eli Lilly, Super Micro, Best Buy, Rivian, NRG Energy, Kohl’s, Semtech, and More
Shares of General Motors and Ford fall after President-elect Donald Trump announces his tariff plans, while Amgen tumbles as ...
TopSpeed
22h
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.
New York Sun
17h
Biden Administration Approves $6.6 Billion Loan for Loss-Making EV Maker Rivian
In the closing days of President Biden’s administration, it is handing out billions of dollars in a loan to an electric ...
1d
on MSN
Biden administration to loan Rivian $6.6B to build US factory that automaker paused
President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia ...
6d
on MSN
The plan for Irvine EV maker Rivian to emerge from its ‘awkward teenage years’
The maker of electric vehicles and trucks has faced numerous challenges as the EV market has cooled, but its CEO is ...
13d
Rivian stock price forecast: here’s why RIVN could surge 125%
Rivian stock price jumped sharply on Wednesday after the company unveiled details of its $5.8 billion joint venture with ...
6d
on MSN
Volkswagen's New American CEO Comes From Rivian
Even I'll admit that the "new CEO from Rivian" in my headline is a bit of a reach here. Yes, Gruner is a former Rivian ...
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