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Rivian secures $6.6 billion loan for Georgia plant
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, the company announced last night. The announcement comes as Democrats scramble to finalize their climate agenda before Donald Trump takes office.
Rivian to get a $6.6 billion federal government loan to build its Georgia EV plant
The U.S. Department of Energy announced Tuesday that Rivian New Horizon, LLC had received a nearly $6.6 billion loan to construct the Project Horizon manufacturing facility in Stanton Springs, Ga.
Rivian secures $6.6 billion loan for new plant – but with one major caveat
Rivian has secured conditional approval of a loan of up to $6.6 billion from the U.S. Department of Energy to build a production facility in Georgia – as long as the company won't actively oppose union organizing efforts.
Detroit News
52m
Biden administration will loan $6.6 billion to Rivian to build paused Georgia EV plant
Atlanta — President Joe Biden's administration announced Tuesday that the U.S. Department of Energy will make a $6.6 billion ...
11Alive
1h
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 ...
FOX 5 Atlanta
1h
Biden administration giving Rivian $6.6B loan to build Georgia factory
The U.S. Department of Energy is loaning
Rivian
Automotive to resume construction on its
Georgia
factory designed to ...
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