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EV, Rivian and Georgia

Hosted on MSN · 2h

Biden administration to loan $6.6B to EV maker Rivian to build Georgia factory that automaker paused

President Joe Biden's administration announced Tuesday that the U.S. Department of Energy will make a $6.6 billion loan to Rivian Automotive to build a factory in Georgia that had stalled as the startup electric vehicle maker struggled to become profitable.

The Verge on MSN · 2h

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,

The Washington Post on MSN · 16m

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 jumps

Tesla, Rivian Agree to Settle Four-Year Trade Secrets Lawsuit

TSLA agrees to resolve a four-year-old trade secrets lawsuit with RIVN, provided that Rivian satisfies the settlement terms.

Business Insider · 21h

Charged: Tesla settles technology theft suit with Rivian

Institutional investors and professional traders rely on The Fly to keep up-to-the-second on breaking news in the electric vehicle and clean

in.investing.com on MSN · 22h

Rivian jumps after Tesla reaches 'conditional settlement" in its 2020 lawsuit

Rivian Automotive Inc (NASDAQ:RIVN) shares jumped 13% after Tesla (NASDAQ:TSLA) announced it had reached a "conditional" settlement in its 2020 lawsuit accusing Rivian of employee poaching and theft of electric-vehicle

The Motley Fool on MSN16m

Why Rivian Stock Popped, Dropped, Then Recovered Today

Rivian announced another deal to bolster its capital situation. A Department of Energy loan will help fund the eventual ...

Rivian Stock Gains as Georgia Plant Gets Conditional Funding: What to Know

If finalized, the loan will be used to construct Rivian's next facility in Stanton Springs North, Georgia. This will allow ...

What A 2-Year-Old Rivian R1S Costs Today

If you're looking to purchase a Rivian R1S, here's what you need to know about its depreciation over a two-year period.

First drive: Rivian’s Tri-Motor R1 is more of a good thing, available now

Rivian has started deliveries of its Tri-motor R1, slotting between the base Dual and top-end Quad. We drove it in Malibu ...

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