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The Energy Department will provide a nearly $6.6 billion loan to Rivian to finance the development and construction of Project Horizon in Georgia.
President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia factory.
Biden administration's $6.6B loan to Rivian revives plans for Georgia EV factory, boosting US electric vehicle production.
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 ...
In the closing days of President Biden’s administration, it is handing out billions of dollars in a loan to an electric ...
President-elect Donald Trump’s cost-cutter criticized the Energy Department’s decision to issue Rivian a multibillion-dollar ...
The Model Y sets the bar, according to Rivian CEO RJ Scaringe.
Irvine electric-vehicle maker Rivian has conditional approval for a $6.6-billion loan to fund the construction of a new plant ...
Rivian Automotive has received conditional approval for a nearly $7 billion loan from the U.S. Department of Energy. The ...
The US Department of Energy will loan Rivian $6.6 billion to build an electric vehicle factory in Georgia, as Democrats ...