Rivian and the Department of Energy have finalized a $6.6 billion loan announced in November with just a few days left until Donald Trump’s inauguration. The company will use the loan to help build ...
Rivian's 615K production target by 2030 and R2 ramp could drive growth. Read why RIVN stock is undervalued with a 10x ...
ATLANTA — Electric vehicle manufacturer Rivian was approved for a $6.57 billion federal loan to help it restart construction on a Georgia manufacturing facility to be built in Social Circle.
Georgia’s top elected and economic development officials ... Brian Kemp were used to secure commitments from Hyundai and ...
Rivian anticipates that construction will begin ... of capitalized interest — will be split across two phases of the Georgia facility. The loan is conditional, and exemplary of former President ...
Rivian Automotive (RIVN) shares rose Friday, a day after the electric vehicle maker announced it had finalized a federal loan worth up to $6.6 billion to build a factory in Georgia. The company ...
Rivian CEO RJ Scaringe told BI it's good that someone like Elon Musk, who understands EVs, is close to President Donald Trump ...
The loan comes in two tranches, which Rivian says it will use to fund the two stages of buildout it’s planning in Georgia. Rivian can borrow up to $3.35 billion in the first tranche, and up to $ ...
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