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Rivian secures $6.6 billion loan for new plant

autobodynews · 13m

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.

LA Times on MSN · 1d

Rivian receives conditional $6.6-billion federal loan for plant expansion, new models

Irvine electric-vehicle maker Rivian has conditional approval for a $6.6-billion loan to fund the construction of a new plant in Georgia.

WSB Atlanta on MSN · 18h

Rivian to get a $6.6 billion federal government loan to build its Georgia EV plant

ATLANTA — The U.S. Department of Energy announced that Rivian is set to receive a nearly $6.6 billion loan to construct its Project Horizon manufacturing facility in Georgia. The proposed loan would be a combined $5.975 billion of principal and $592 million in capital interest, according to a news release on Tuesday.

Rivian gets $6B loan approved for Georgia plant

Plans for what is projected to be Georgia's largest manufacturing plant are back on track. Federal officials announced ...

4hon MSN

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 ...

Federal loan worth up to $6 billion on the way to revive stalled Georgia Rivian plant project

MORGAN COUNTY, Ga. — The stalled Rivian manufacturing plant mega-project in Georgia is getting a huge revival boost from ...

3hon MSN

Why Rivian Stock Surged Higher Again Today

Rivian Automotiv e ( RIVN 3.04%) stock is on a roll. A recent move higher has gone into overdrive over the past two days.

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