Rivian snags $6.6B conditional federal loan to build Georgia factory

Rivian said late Monday it has secured conditional commitment for a $6.6 billion loan from the Department of Energy, funds that will help the EV maker

By: TechCrunch

Nov 26 2024
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Rivian snags $6.6B conditional federal loan to build Georgia factory — Rivian snags $6.6B conditional

Rivian said late Monday it has secured conditional commitment for a $6.6 billion loan from the Department of Energy, funds that will help the EV maker restart construction of a massive factory in Georgia. The funds will come from DOE’s Loan Programs ... [1829 chars]

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