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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.
6h
Tesla Has Best EV Under $50K, Rivian CEO Says In Praise Of Rival: 'It's A Great Brand'
Rivian CEO RJ Scaringe shared positive comments on Tesla while speaking at the LA Auto Show, calling the Model Y the best EV ...
cbtnews
7h
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 ...
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 ...
6d
on MSN
The plan for Irvine EV maker Rivian to emerge from its ‘awkward teenage years’
The maker of electric vehicles and trucks has faced numerous challenges as the EV market has cooled, but its CEO is ...
6d
on MSN
Ford to reassign 400 Bronco plant workers, cut 4,000 jobs in Europe
Ford Motor Co. on Wednesday said it's reassigning about 400 workers to other southeast Michigan plants for reduced production ...
22h
These Stocks Moved the Most Today: GM, Amgen, Lilly, Super Micro, Best Buy, Rivian, NRG Energy, Kohl’s, and More
Shares of General Motors and Ford fall after President-elect Donald Trump announces his tariff plans, while Amgen tumbles as ...
2d
Charged: Tesla settles technology theft suit with Rivian
Institutional investors and professional traders rely on The Fly to keep up-to-the-second on breaking news in the electric vehicle and clean ...
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