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Rivian, EV and Georgia
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.
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.
Biden Administration to Lend $6 Billion for Rivian E.V. Factory
The financing for a factory in Georgia is part of a last-minute effort to establish climate policies before President-elect Donald J. Trump takes office.
Kiplinger
17h
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 ...
TopSpeed
1h
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.
Electrek
3h
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 ...
22h
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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Georgia
Joe Biden
Tesla
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United States
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