Biden administration to loan $6.6b to EV maker Rivian to build Georgia factory that automaker paused
The Energy Department said the loan would substantially boost electric vehicles made in the United States and support Biden’s ...
Rivian awarded $6.6 billion DOE loan to build EV facility in Georgia
The Energy Department will provide a nearly $6.6 billion loan to Rivian to finance the development and construction of Project Horizon in Georgia.
justthenews50m
Rivian back in the driver's seat with $6B loan for Georgia plant
The loan announced for Rivian on Tuesday includes an additional $600,000 in capitalized interest funded through the $891 billion Inflation Reduction Act of 2022.
Rivian to get $6.6 billion loan from federal government to build Georgia EV plant
The U.S. Department of Energy announced on Tuesday that Rivian is set to receive a nearly $6.6 billion loan to construct its ...