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

Irvine electric-vehicle maker Rivian has conditional approval for a $6.6-billion loan to fund the construction of a new plant ...

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

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

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

Carmakers won't reverse their $160 billion investment in vehicles that don't use fossil fuels, while EV startup Rivian gets ...

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

The loan, which includes $6 billion of principal and around $600 million of capitalized interest, would come from the U.S.

"The world doesn't need another one of those," said Rivian CEO RJ Scaringe, referring to Tesla. "We think Tesla has done an ...