Rivian said on Monday it has received conditional approval for a loan of up to $6.6 billion from the U.S. Department of ...

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

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

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

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

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

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

Car manufacturer Rivian (NASDAQ:RIVN) received conditional approval for loan up to $6.6 billion from the U.S. Department of ...

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

The plant is expected to produce the company’s R2 and R3 EV models, create 7,500 jobs, and expand Rivian’s footprint in the ...

Vivek Ramaswamy criticized the Biden administration’s nearly $6 billion federal loan expected for Rivian’s electric vehicle ...

Rivian secured a $6.6 billion loan from the U.S. DOE to construct a new EV plant in Georgia to scale production of affordable ...