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Rivian, Georgia
Rivian could get $6 billion federal loan to resume building Georgia plant
Months after Rivian halted construction of its east Georgia factory, a lifeline from the federal government could help it restart the highly anticipated project. Why it matters: Rivian's planned 2,000-acre compound roughly 50 miles east of Atlanta,
Rivian gets $6.6 billion government loan to build its EV factory in Georgia
The US Department of Energy will loan Rivian $6.6 billion to build an electric vehicle factory in Georgia, as Democrats scramble to finalize their climate agenda before Donald Trump takes office. Rivian said it received “conditional commitment” for its application to the Advanced Technology Vehicles Manufacturing (ATVM) Loan Program,
EV maker Rivian gets $6.6 billion federal loan to finish Georgia plant
Rivian paused work on the plant earlier this year amid financial difficulties. The factory is supposed to produce midsize and crossover SUVs.
Rivian secures $6.6 billion federal government loan for Georgia plant, announces start date
The U.S. Department of Energy has conditionally granted a Rivian Automotive Inc. subsidiary a $6.57 billion direct loan. The money would go toward construction of Rivian's manufacturing facility in Georgia, which is now set to be operational in 2028.
Federal loan puts Rivian’s Georgia factory back in the race
Rivian’s Georgia factory, the state's second-largest economic development project ever, is set to resume with new help from the federal government.
Rivian gets $6.6 billion conditional loan approval to build Georgia EV plant
Rivian said on Monday it has received conditional approval for a loan of up to $6.6 billion from the U.S. Department of Energy to build the electric vehicle maker's production facility in Georgia.
Nearly $6 billion federal loan will help Rivian restart construction of EV plant
A nearly $6 billion federal loan will help electric-vehicle manufacturer Rivian restart construction of a $5 billion vehicle and battery plant near Covington.
Federal loan to struggling EV automaker under fire
Politicians from both sides of the aisle were quick to react to the announcement of additional funding going to what they’ve labeled a “failing company.”
U.S. Government to Support Rivian with $6.6 Billion Loan for EV Production
The U.S. Department of Energy has agreed to loan the company $6.6 billion. This loan will help Rivian build a new factory in Stanton Springs North, Georgia, to produce electric vehicles. If everything goes as planned,
4h
on MSN
Vivek Ramaswamy Is Mad About Rivian's Georgia Factory Because He Doesn't Know How Loans Work
Rivian secured a big win last month when the Biden administration approved a $6.6 billion loan to fund construction of its ...
6d
on MSN
Biden administration to loan $6.6B to EV maker Rivian to build Georgia factory that automaker paused
President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia ...
11Alive
7d
Federal loan worth up to $6 billion on the way to revive stalled Georgia Rivian plant project
MORGAN COUNTY, Ga. — The stalled
Rivian
manufacturing plant mega-project in
Georgia
is getting a huge revival boost from ...
7d
on MSN
Biden Grants Rivian $6.6B Loan to Revive Stalled Georgia EV Factory
The loan is a critical step for the EV maker, which had halted work on its plant after struggling to become profitable.
CovNews
1d
Rivian holds inaugural Georgia 5K
According to a spokesperson for the company, around 150 people registered for the event, despite the breezy temperatures. All ...
Santa Rosa Press Democrat
7d
Biden administration to loan $6.6 billion to EV maker Rivian to build Georgia factory that automaker paused
President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker
Rivian
Automotive to build a ...
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