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Rivian secures $6.6 billion loan for new plant
Rivian secures $6.6B federal loan for GA factory
A loan from the U.S. Department of Energy could jumpstart Rivian’s stalled plans for an EV facility in Georgia, setting the stage for mass-market electric SUVs.
Biden administration preliminarily OKs $6.6B loan to EV maker Rivian
The Biden administration has preliminarily said it would give a $6.6 billion loan to electric vehicle (EV) maker Rivian for a plant in Georgia. The administration said the loan would support the
Rivian Secures $6.6 Billion Federal Loan for Georgia EV Plant
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 competitive EV market.
2d
on MSN
Rivian’s Georgia Plant Gets A $6.6 Billion Lifeline Thanks To Taxpayers
A Department of Energy loan could enable the company to begin R2 and R3 production in the peach state as early as 2028 ...
Hosted on MSN
7d
The Rivian R2 And R3 Probably Won't Be 800-Volt
Rivian
CEO RJ Scaringe told reporters that an 800-volt architecture is "not as critical" for small and mid-size products ...
2d
on MSN
Rivian CEO Says The Tesla Model Y Is Still The Best EV Under $50,000
If we take Elon Musk and Tesla out of the equation and just focus on the car, we here at InsideEVs tend to agree with ...
18h
2025 Rivian R1S unleashes blazing fast tri-motor power
Rivian expands its R1S lineup for 2025, introducing a tri-motor option that takes electric SUV performance to blistering new levels.
Hosted on MSN
1d
Rivian's Plan To Go Global Is One Step Closer To Reality
A robust ecosystem of US companies developing and manufacturing EVs is critical for the US to maintain its long-term ...
2d
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 ...
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