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Rivian, Georgia and Joe Biden

Reuters on MSN · 41m

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.The announcement comes ahead of the inauguration of President-elect Donald Trump,

Hosted on MSN · 3h

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.

MarketWatch · 1h

Rivian to use Biden administration loan to boost competitiveness of its EVs

Rivian said it will use a $6.6 billion government loan to “aggressively” scale manufacturing of its R2, which is coming in 2026.

Crain's Chicago Business7h

Rivian wins preliminary OK for $6.6 billion federal loan

Gifting allows recipients to access the article for free. Rivian Automotive Inc. won preliminary approval for a $6.6 ...

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.

3h

Rivian Rides High: $6.6 Billion DOE Loan Commitment Fuels EV Expansion

Rivian Automotive, Inc. (NASDAQ:RIVN) shares are trading higher premarket on Tuesday. The company disclosed a conditional ...

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 ...

23h

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.

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