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 goal of having zero-emission vehicles make up half of all new US sales by 2030.
Rivian Tri-Motor R1S Tops the List
Irvine electric-vehicle maker Rivian has conditional approval for a $6.6-billion loan to fund the construction of a new plant ...
The conditional approval would allow the automaker to complete construction on a massive factory in Georgia, increasing ...
The company has product pipeline visibility with its upcoming R2, due to be launched in the first half of 2026, followed by ...
Rivian Automotive (NASDAQ:RIVN ... its ability to improve revenue per vehicle while lowering its costs for the Gen 2 ...
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