Biden administration will loan $6.6 billion to Rivian to build Georgia factory that automaker paused

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

By: WDIV ClickOnDetroit

Nov 26 2024
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3517 Views

Biden administration will loan $6.6 billion to Rivian to build Georgia factory that automaker paused — Biden administration will loan

ATLANTA – 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 automaker struggled to become profita... [4985 chars]

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