The Biden-Harris administration has announced a $6.57 billion loan to Rivian Automotive (NASDAQ: RIVN) in a move aimed at bolstering the struggling electric vehicle manufacturer and expanding the ...
Rivian, the EV startup based in California, was worth as much as $150 billion just three years ago before its stock price ...
While Rivian's 2024 delivery outlook of 50,500 to 52,000 vehicles (compared to 50,122 in 2023) remains unimpressive, new cheaper models like the mid-sized R2 and R3 SUVs (starting at $45,000) could ...
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 stalled as the ...
Good afternoon and Happy Tuesday, readers. It’s been a busy day for both the Biden administration and incoming Trump ...
A loan from the U.S. Department of Energy could jumpstart Rivian’s stalled plans for an EV facility in Georgia, setting the ...
The Energy Department will provide a nearly $6.6 billion loan to Rivian to finance the development and construction of Project Horizon in Georgia.
The Energy Department said the loan would substantially boost electric vehicles made in the United States and support Biden’s ...
Rivian is battling a class-action securities fraud case in California tied to its much-hyped initial public offering three ...
Investors are assessing the likelihood Trump will deliver on his threat to impose fresh tariffs on China, Canada and Mexico.