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Rivian secures $6.6 billion loan for new plant
Rivian receives conditional $6.6-billion federal loan for plant expansion, 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.
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.
Biden Administration Approves $6.6 Billion Loan for Loss-Making EV Maker Rivian
In the closing days of President Biden’s administration, it is handing out billions of dollars in a loan to an electric vehicle maker, Rivian Automotive, even though the company has struggled to become profitable.
1h
on MSN
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 ...
2h
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 ...
1h
Rivian Software Boss Says Google Cast In, Buttons Out, Open To Range And Power Boost Subscriptions
In addition to Google Cast, Rivian is honing its speech-to-text functionality, with artificial intelligence playing a pivotal ...
1h
on MSN
Rivian CEO Says The Tesla Model Y Is Still The Best EV Under $50,000
There's no denying the fact that the Tesla Model Y is the best-selling electric car in the world, but is it the best electric ...
TopSpeed
5h
What A 2-Year-Old Rivian R1S Costs Today
If you're looking to purchase a Rivian R1S, here's what you need to know about its depreciation over a two-year period.
1d
Tesla, Rivian Agree to Settle Four-Year Trade Secrets Lawsuit
TSLA agrees to resolve a four-year-old trade secrets lawsuit with RIVN, provided that Rivian satisfies the settlement terms.
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