The company is losing $107,043 per EV sale, and taxpayers could end up paying.
Critics advise the incoming Trump administration to pull the plug on 'corporate-welfare loans handed out for political ...
President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia ...
The Biden administration has preliminarily said it would give a $6.6 billion loan to electric vehicle (EV) maker Rivian for a ...
President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia ...
The financing for a factory in Georgia is part of a last-minute effort to establish climate policies before President-elect ...
The loan is a critical step for the EV maker, which had halted work on its plant after struggling to become profitable.
Rivian, the EV startup based in California, was worth as much as $150 billion just three years ago before its stock price ...
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 ...