Biden administration will loan $6.6 billion to Rivian to ... - ABC News
1 day ago · The pause at Rivian contrasts with rapid construction at Hyundai Motor Group’s $7.6 billion electric vehicle and battery complex near Savannah. The plant in Ellabell, announced in 2022, could ...
Biden administration will loan $6.6 billion to Rivian to build …
23 hours ago · ATLANTA (AP) — President Joe Biden’s administration announced Tuesday that the U.S. Department of Energy will make a $6.6 billion loan to Rivian Automotive to build a factory in Georgia that had stalled as the startup automaker struggled to become profitable.. It’s unclear whether the administration can complete the loan before Donald Trump becomes president …
Rivian secures $6.6 billion loan for new plant - Electrek
23 hours ago · The news follows that of Rivian closing its $5.8 billion investment from Volkswagen as part of their technology joint venture. Back in 2022, Rivian secured $1.5 billion in state and local ...
Rivian gets $6.6 bln conditional loan approval to build Georgia EV ...
1 day ago · Rivian said on Monday it has received conditional approval for a loan of up to $6.6 billion from the U.S. Department of Energy to build the electric vehicle maker's production facility in Georgia.
Rivian gets $6.6 billion government loan to build its EV factory in ...
21 hours ago · Rivian has received conditional approval for a $6.6 billion loan from the Department of Energy to build an electric vehicle factory in Georgia. ... With today’s news, Rivian is trying to project ...
Rivian snags $6.6B conditional federal loan to build Georgia factory
2 days ago · Rivian said late Monday it has secured conditional commitment for a $6.6 billion loan from the Department of Energy, funds that will help the EV maker restart construction of a massive factory in ...
Sen. Ossoff Announces Historic $6 Billion Federal Loan Agreement …
1 day ago · Conditional Federal loan through Inflation Reduction Act would allow Rivian to restart stalled construction of Georgia manufacturing plant Social Circle, Ga. — U.S. Senator Jon Ossoff today announced a conditional Federal loan agreement to restart stalled construction of Rivian’s electric vehicle plant in Georgia. Sen. Ossoff announced that Rivian will receive up to $5.98 …
Rivian Newsroom
Rivian Introduces R2, R3, and R3X Built on New Midsize Platform December 14, 2023 AT&T and Rivian Team Up to Reduce CO2 Emissions and Enable Smart, Connected Vehicles
The Rivian-Volkswagen joint venture deal is now up to $5.8B
Nov 12, 2024 · Rivian and Volkswagen Group have finalized a multibillion-dollar joint venture to develop software, paving the way to let the German auto giant leverage the EV startup’s more technical chops in...
Automaker Rivian pauses construction of its $5 billion electric …
Mar 7, 2024 · ATLANTA (AP) — The CEO of Rivian Automotive announced Thursday that the electric truck maker is pausing construction of its $5 billion manufacturing plant in Georgia to speed production and save money. California-based Rivian had planned to start building its new R2 midsize SUVs at the Georgia site east of Atlanta.