Rivian will likely receive $6.6 billion loan from the government to open its plant in Georgia

Rivian just announced the pending receipt of $6.6 billion from the US government as part of a loan. If this goes through, the company will finally open its long-promised Georgia factory.

By: Engadget

Nov 26 2024
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Rivian will likely receive $6.6 billion loan from the government to open its plant in Georgia — Rivian will likely receive $6.

American EV maker Rivian just announced that it has received a commitment from the US Department of Energy (DOE) for a loan totaling $6.6 billion. This is thanks to the DOE’s Advanced Technology Vehicle Manufacturing (ATVM) Loan Program. This include... [1885 chars]

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