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Rivian, EV and Georgia

Biden administration to loan $6.6B to EV maker Rivian to build Georgia factory that automaker paused

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 electric vehicle maker struggled to become profitable.

New York Post on MSN · 7h

Lame-duck Biden administration loans $6.6B to struggling Tesla rival Rivian

Rivian, the EV startup based in California, was worth as much as $150 billion just three years ago before its stock price tanked since then.

Newsweek on MSN · 1d

Biden Grants Rivian $6.6B Loan to Revive Stalled Georgia EV Factory

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

Atlanta Journal-Constitution13h

Biden’s Rivian lifeline highlights tough spot for Kemp on green energy incentives

The expected $6 billion federal loan to Rivian for its Georgia electric vehicle factory resurfaces a lingering divide over green energy incentives.

thedeepdive6h

Federal Loan Throws Rivian a $6.6B Lifeline Amid Mounting Debt and Production Delays

The Biden-Harris administration has announced a $6.57 billion loan to Rivian Automotive (NASDAQ: RIVN) in a move aimed at bolstering the struggling electric vehicle manufacturer and expanding the ...

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

The Energy Department said the loan would substantially boost electric vehicles made in the United States and support Biden’s ...

Tesla And Rivian Finally Approaching A Settlement Over Tech Theft Lawsuit

Good morning! It’s Monday, November 25, and this is The Morning Shift, your daily roundup of the top automotive headlines ...

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Rivian, EV and Georgia

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