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Rivian secures $6.6 billion loan for new plant

Rivian Secures $6.6 Billion Federal Loan for Georgia EV Plant

The plant is expected to produce the company’s R2 and R3 EV models, create 7,500 jobs, and expand Rivian’s footprint in the competitive EV market.

Hosted on MSN · 4h

Rivian Receives $6.6B Loan Approval to Build EV Production Facility

Rivian Automotive, Inc. RIVN has got conditional approval for a loan of up to $6.6 billion from the U.S. Department of Energy to develop its electric vehicle (EV) production plant in Georgia. The announcement followed the inauguration of President-elect Donald Trump,

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 production facility in Georgia – as long as the company won't actively oppose union organizing efforts.

Tesla Has Best EV Under $50K, Rivian CEO Says In Praise Of Rival: 'It's A Great Brand'

Rivian CEO RJ Scaringe shared positive comments on Tesla while speaking at the LA Auto Show, calling the Model Y the best EV ...

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Trump’s 25% import tax rattles GM and Ford, Porsche pauses EV expansion, and Rivian secures $6.6 billion for Georgia plant

Top stories GM and Ford brace for impact of Trump’s 25% import tax. Read More Slowing EV sales prompt Porsche to delay ...

Crain's Detroit5d

Automaker insourcing sparks litigation among suppliers

EV maker Rivian is locked in a legal fight over the issue with Bosch, the world’s largest auto parts producer — but they are not the only ones. And Ford Motor Co.’s “sudden” decision to ...

1don 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

Stock futures declined Tuesday after President-elect Donald Trump said soon after he takes office he would enact a 25% tariff ...

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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 ...

Charged: Tesla settles technology theft suit with Rivian

Institutional investors and professional traders rely on The Fly to keep up-to-the-second on breaking news in the electric vehicle and clean ...

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