Georgia
Biden gives $6.6B conditional loan to EV-maker
Click for the latest from The Hill {beacon} Energy & Environment Energy & Environment The Big Story Biden gives $6.6B conditional loan to EV-maker The Biden administration has preliminarily said it would give a $6.6 billion loan to electric vehicl
The administration said the loan would support the construction of a facility where Rivian will make up to 400,000 “mass-market” electric SUVs and crossovers.
Specifically, it will support construction of Rivian’s R2 and R3 models, which the company ... [1220 chars]