The U.S. Department of ... electric vehicle maker Rivian for a $6.6 billion loan to support its stalled Georgia factory, a huge infusion of cash intended to ensure the plant gets built.

The EV maker explained that its upcoming R2 and R3 vehicles will be “critical drivers in the company’s long-term growth and profitability.” Rivian plans to build the plant in two stages ...

Rivian's 615K production target by 2030 and R2 ramp could drive growth. Read why RIVN stock is undervalued with a 10x ...

One of the measures is to reimburse Rivian a maximum $3 million to extend an 18-inch sewer line to the site where the ...

Rivian executives said they remained committed to building the plant. Now, it appears those plans are again moving forward, thanks to the approval of the conditional loan. On Thursday, the U.S ...

Rivian said late Thursday that it closed its loan deal with the DOE for up to $6.6 billion to support the construction of a manufacturing plant near ... the investor’s point of view.

That's what Rivian ... are for Rivian right now. The automaker is preparing to start production of its more-affordable R2 electric SUV in 2026 and open a new Georgia plant by 2028, with the ...

The Department of Energy announced last week that it has closed a $6.57 billion loan to electric vehicle manufacturer Rivian for an electric vehicle plant that ... the company’s R2 SUVs and ...

The plant—set to be built "less than one hour's drive from downtown Atlanta," Rivian said—will be used to accelerate production of the EV maker's new R2 SUV and R3 crossover. The company ...

The Biden administration is poised to finalize billions of dollars in financing for electric vehicle maker Rivian ... hydrogen plants that are key to the hydrogen producer’s growth plants.

ExploreAfter months of uncertainty, Rivian’s Georgia plant appears primed to restart The Georgia Department of Economic Development, which oversaw the Rivian project’s recruitment, said the ...