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Rivian secures $6.6 billion loan for new plant
Rivian’s Georgia Plant Gets A $6.6 Billion Lifeline Thanks To Taxpayers
A Department of Energy loan could enable the company to begin R2 and R3 production in the peach state as early as 2028
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.
Rivian wins preliminary approval for $6.6B federal loan for Georgia EV plant
Rivian (RIVN) announced late Thursday night that it won a “conditional commitment” from the Department of Energy (DOE) for a $6.6 billion loan, highlighting Rivian’s improving capital condition. The loan,
4h
on MSN
Rivian’s stalled Georgia factory back on track with $6.6 billion federal loan
A loan from the U.S. Department of Energy could jumpstart Rivian’s stalled plans for an EV facility in Georgia, setting the ...
9h
on MSN
Rivian gets $6.6 billion government loan to build its EV factory in Georgia
The US Department of Energy will loan Rivian $6.6 billion to build an electric vehicle factory in Georgia, as Democrats ...
Yahoo
4h
Rivian gets $6B loan approved for Georgia plant
Plans for what is projected to be
Georgia
's largest manufacturing plant are back on track. Federal officials announced that ...
Santa Rosa Press Democrat
21h
Biden administration to loan $6.6 billion 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 ...
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