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Rivian secures $6.6 billion loan for new plant
Rivian Secures $6.6 Billion Federal Loan for Georgia EV Plant
The plant is expected to produce the company’s R2 and R3 EV models, create 7,500 jobs, and expand Rivian’s footprint in the competitive EV market.
Rivian Receives $6.6B Loan Approval to Build EV Production Facility
Rivian Automotive, Inc. RIVN has got conditional approval for a loan of up to $6.6 billion from the U.S. Department of Energy to develop its electric vehicle (EV) production plant in Georgia. The announcement followed the inauguration of President-elect Donald Trump,
Rivian secures $6.6 billion loan for new plant – but with one major caveat
Rivian has secured conditional approval of a loan of up to $6.6 billion from the U.S. Department of Energy to build a production facility in Georgia – as long as the company won't actively oppose union organizing efforts.
cbtnews
6h
Trump’s 25% import tax rattles GM and Ford, Porsche pauses EV expansion, and Rivian secures $6.6 billion for Georgia plant
Top stories GM and Ford brace for impact of Trump’s 25% import tax. Read More Slowing EV sales prompt Porsche to delay ...
Crain's Detroit
5d
Automaker insourcing sparks litigation among suppliers
Under intense pressure to make electric vehicles profitable, some automakers have opted to bring more production in-house, ...
1d
on MSN
These Stocks Are Moving the Most Today: GM, Ford, Amgen, Eli Lilly, Super Micro, Best Buy, Rivian, NRG Energy, Kohl’s, Semtech, and More
Stock futures declined Tuesday after President-elect Donald Trump said soon after he takes office he would enact a 25% tariff ...
13d
Rivian stock price forecast: here’s why RIVN could surge 125%
Rivian stock price jumped sharply on Wednesday after the company unveiled details of its $5.8 billion joint venture with ...
1d
on MSN
Despite Trump Threat to Tax Credits, Auto Industry Continues Shift to EVs
Carmakers won't reverse their $160 billion investment in vehicles that don't use fossil fuels, while EV startup Rivian gets ...
Yahoo Finance
5d
Tesla Superchargers: GM, Ford, Rivian, and other EV brands with access
In May 2023,
Ford
triggered a transformation when the U.S. automaker locked in a deal to give owners of its EVs access to ...
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