Rivian said on Monday it has received conditional approval for a loan of up to $6.6 billion from the U.S. Department of ...

President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia ...

The loan is a critical step for the EV maker, which had halted work on its plant after struggling to become profitable.

The company plans to produce R2 vehicles, a smaller SUV, in Georgia with lower price tags aimed at a mass market.

Rivian paused work on the plant earlier this year amid financial difficulties. The factory is supposed to produce midsize and ...

Rivian announced late Monday that it has received "conditional commitment" from the Department of Energy for a $6.6 billion ...

A Department of Energy loan could enable the company to begin R2 and R3 production in the peach state as early as 2028 ...

Rivian won a “conditional commitment” from the Department of Energy for a $6.6 billion loan, highlighting Rivian’s improving ...

ATLANTA — The U.S. Department of Energy announced that Rivian is set to receive a nearly $6.6 billion loan to construct its ...

Rivian’s Georgia factory, the state's second-largest economic development project ever, is set to resume with new help from the federal government.