Rivian receives conditional $6.6-billion federal loan for plant, new models
Irvine electric-vehicle maker Rivian has conditional approval for a $6.6-billion loan to fund the construction of a new plant in Georgia.
Rivian Wins Preliminary Approval for $6.6 Billion US Loan
Rivian Automotive Inc. won preliminary approval for a $6.6 billion federal loan that will help support the construction of its delayed Georgia electric-vehicle plant.
Rivian's Georgia EV plant gets $6.6B conditional loan, opens 2028
Rivian has been granted conditional approved for a $6.6 billion loan from the U.S. Department of Energy to fund construction of a plant in Georgia, the electric vehicle startup said on Monday.
Irvine-based EV maker Rivian OK’d for $6 billion US loan to build Georgia factory
The company plans to produce R2 vehicles, a smaller SUV, in Georgia with lower price tags aimed at a mass market.
Rivian To Restart Stalled Georgia Plant After Landing $6.6B Department of Energy Loan
The loan would be secured by Rivian’s facility at its Stanton Springs site and its fixed assets and guarantees by the parent company.
Rivian lines up $6.6 billion federal loan to revive Georgia manufacturing plans
The electric automaker Rivian may have found a lifeline for its stalled plans for a new manufacturing plant in Georgia, winning a $6.6 billion loan from the U.S. Department of Energy in the final weeks of the Biden administration.
Biden administration to loan $6.6B 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 Georgia factory
Rivian to Receive $6.6 Billion Department of Energy Loan for Georgia Plant
Key Takeaways Rivian announced late Monday that the EV startup has received initial approval for a loan from the U.S. government to build a factory in Georgia.The company could receive a $6.6 billion loan from the Department of Energy's Advanced Technology Vehicle Manufacturing program,
Biden Grants Rivian $6.6B Loan to Revive Stalled Georgia EV Factory
The loan is a critical step for the EV maker, which had halted work on its plant after struggling to become profitable.
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 will likely receive $6.6 billion loan from the government to open its plant in Georgia
American EV maker Rivian just announced that it has received a commitment from the US Department of Energy (DOE) for a loan totaling $6.6 billion. This is thanks to the DOE’s Advanced Technology Vehicle Manufacturing (ATVM) Loan Program.
Rivian Earns $6.6 Billion Loan from Feds for Manufacturing Facility
The conditional approval would allow the automaker to complete construction on a massive factory in Georgia, increasing ...
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Rivian’s $6.6 Billion Loan Advances EV Factory Timeline
The loan, which includes $6 billion of principal and around $600 million of capitalized interest, would come from the U.S.
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Rivian Gets Strings-Attached OK for $6.6B DOE Loan
Rivian Automotive has received conditional approval for a nearly $7 billion loan from the U.S. Department of Energy. The ...
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Rivian Lands $6.6B Loan: Game-Changer or Hail Mary for Struggling EV Maker?
The EV maker snagged conditional approval for a jaw-dropping $6.6 billion loan from the Department of Energy's Advanced ...
Rivian Wins Approval for $6.6 Billion Loan for Georgia Plant
Rivian Automotive Inc. won preliminary approval for a $6.6 billion federal loan that will help support the construction of its delayed Georgia electric-vehicle plant.