The Energy Department said the loan would substantially boost electric vehicles made in the United States and support Biden’s ...

Ticker: Shoplifting ring stole $2M in cosmetics and clothes; Biden administration to loan $6.6B to EV maker Rivian to build ...

Rivian paused work on the plant earlier this year amid financial difficulties. The factory is supposed to produce midsize and ...

The loan is a critical step for the EV maker, which had halted work on its plant after struggling to become profitable.

Rivian announced late Monday that it has received "conditional commitment" from the Department of Energy for a $6.6 billion ...

The US Department of Energy will loan Rivian $6.6 billion to build an electric vehicle factory in Georgia, as Democrats ...

The company plans to produce R2 vehicles, a smaller SUV, in Georgia with lower price tags aimed at a mass market.

Electric vehicle manufacturer Rivian will receive nearly $6.6 billion from the Biden administration to construct a factory in ...

Rivian said late Monday it has secured conditional commitment for a $6.6 billion loan from the Department of Energy, funds ...

New electric-vehicle plant would be able to build up to 400,000 vehicles each year, when both phases are built.

Rivian won a “conditional commitment” from the Department of Energy for a $6.6 billion loan, highlighting Rivian’s improving ...