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Rivian secures $6.6 billion loan for new plant
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.
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 wins preliminary approval for $6.6B federal loan for Georgia EV plant
Rivian (RIVN) announced late Thursday night that it won a “conditional commitment” from the Department of Energy (DOE) for a $6.6 billion loan, highlighting Rivian’s improving capital condition. The loan,
Yahoo
20h
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 ...
3h
on 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 ...
2h
on 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.
11Alive
1d
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 ...
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