Rivian said on Monday it has received conditional approval for a loan of up to $6.6 billion from the U.S. Department of ...

The US Department of Energy will loan Rivian $6.6 billion to build an electric vehicle factory in Georgia, as Democrats ...

President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia ...

The loan is a critical step for the EV maker, which had halted work on its plant after struggling to become profitable.

The company plans to produce R2 vehicles, a smaller SUV, in Georgia with lower price tags aimed at a mass market.

Rivian paused work on the plant earlier this year amid financial difficulties. The factory is supposed to produce midsize and ...

The Energy Department said the loan would substantially boost electric vehicles made in the United States and support Biden’s ...

Car manufacturer Rivian (NASDAQ:RIVN) received conditional approval for loan up to $6.6 billion from the U.S. Department of ...

Electric vehicle manufacturer Rivian will receive nearly $6.6 billion from the Biden administration to construct a factory in ...

All-electric automaker Rivian Automotive announced that it received a “conditional commitment” for a $6.6B loan from the U.S. Department of Energy. If finalized, the loan would be used to aid in the ...

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 ...

Rivian secured a $6.6 billion loan from the U.S. DOE to construct a new EV plant in Georgia to scale production of affordable ...