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.

The conditional approval would allow the automaker to complete construction on a massive factory in Georgia, increasing ...

The Department of Energy (DOE) is working to finalize a $6 billion loan to fund construction for an electric vehicle facility ...

Good afternoon and Happy Tuesday, readers. It’s been a busy day for both the Biden administration and incoming Trump ...

Click for the latest from The Hill{beacon} Energy & Environment Energy & Environment   The Big Story Biden gives $6.6B conditional loan to EV-makerThe Biden administration ...

President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia ...

Biden administration's $6.6B loan to Rivian revives plans for Georgia EV factory, boosting US electric vehicle production.

Rivian Automotive will get a $6 billion federal loan from the Department of Energy (DOE) that will go towards building the ...

The second-generation Rivian R1S Dual Max has an EPA range of 420 miles compared to just 325 miles for the Tesla Cybertruck All-Wheel Drive. The Rivian eked out just 16 more miles than the Tesla, and ...

Investors see Scott Bessent as a safe shepherd of the economy as the president-elect burnishes his "Tariff Man" reputation.

In the closing days of President Biden’s administration, it is handing out billions of dollars in a loan to an electric ...

President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia factory. The announcement Tuesday comes less than two months before ...