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Rivian secures $6.6 billion loan for new plant
Rivian receives conditional $6.6-billion federal loan for plant, 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.
Biden administration will loan $6.6 billion to Rivian to build Georgia factory that automaker paused
The R1 vehicles cost $70,000 or more. The original plan was to produce R2 vehicles, a smaller
SUV
, in Georgia with lower price tags aimed at a mass market. The first phase of
Rivian
’s Georgia factory was projected to make 200,000 vehicles a year ...
EV maker Rivian gets $6.6 billion federal loan to finish Georgia plant
Rivian paused work on the plant earlier this year amid financial difficulties. The factory is supposed to produce midsize and crossover SUVs.
15m
Hyundai Ioniq 9 Vs. Cadillac Vistiq Vs. Rivian R1S Vs. Kia EV9: Here’s How They Compare
Kia’s first all-electric three-row SUV, the EV9, is 197.2 inches long (8.39 inches shorter than the Vistiq), 77.9 inches wide ...
14h
on MSN
2025 Rivian R1S debuts tri-motor variant with blistering speed
The Gen 2 Rivian R1S is now available with three motors for a more performance-oriented electric SUV experience.
19h
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.
Commonwealth Journal
50m
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 ...
Electrek
1d
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 ...
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.
Crain's Chicago Business
1d
Rivian wins preliminary OK for $6.6 billion federal loan
Scaringe, 41, paused plans for a new plant in Georgia earlier this year when he unveiled prototypes of vehicles
Rivian
had ...
23h
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 ...
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 ...
15h
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 ...
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Georgia
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