President Joe Biden's administration announced Tuesday that the U.S. Department of Energy will make a $6.6 billion loan to ...

Irvine electric-vehicle maker Rivian has conditional approval for a $6.6-billion loan to fund the construction of a new plant ...

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

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

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

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

The financing for a factory in Georgia is part of a last-minute effort to establish climate policies before President-elect ...

Rivian won a “conditional commitment” from the Department of Energy for a $6.6 billion loan, highlighting Rivian’s improving ...

A loan from the U.S. Department of Energy could jumpstart Rivian’s stalled plans for an EV facility in Georgia, setting the ...