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Rivian, Georgia
Rivian finalizes $6.6B loan for its Georgia factory
Rivian and the Department of Energy have finalized a $6.6 billion loan announced in November with just a few days left until Donald Trump's inauguration.
Rivian closes $6.6 billion federal loan for Georgia EV plant before Trump takes office
The deal in the waning days of the Biden administration could insulate the loan from attempts to cut back on the Department of Energy’s Loan Programs Office, analysts say.
Rivian Stock Rises as EV Maker Finalizes $6.6B DOE Loan to Build Georgia Plant
Key Takeaways Rivian Automotive shares rose Friday, a day after the electric vehicle maker announced it had finalized a federal loan worth up to $6.6 billion to build a factory in Georgia.The plant—set to be built "less than one hour's drive from downtown Atlanta,
Rivian, U.S. finalize $6.6. billion loan before Trump retakes office
The Department of Energy announced Thursday the closing of $6.6 billion in financing for Rivian to construct a Georgia manufacturing plant.
Biden administration finalizes $6.6 billion loan for Rivian before Trump becomes president
Electric vehicle maker Rivian Automotive said it has finalized a $6.6 billion loan agreement with the federal government just days before the Trump Administration takes over.
Rivian, DOE Finalize Loan Agreement for Georgia Manufacturing Site
Rivian said it closed a loan agreement with the U.S. Department of Energy for up to $6.6 billion to support construction of a new manufacturing facility in Georgia.
Rivian secures $6.6bn DOE loan for Georgia EV manufacturing plant
The company plans to build a nine million square foot facility capable of producing up to 400,000 mass-market electric SUVs and crossovers annually.
$6.6 billion federal loan for Rivian’s Georgia plant finalized
The U.S. Department of Energy gave final approval Thursday to 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.
Rivian secures its $6.6B Department of Energy loan for Georgia manufacturing facility
Rivian secures $6.6 billion loan from US Department of Energy for new Georgia manufacturing facility, creating 7,500 jobs and accelerating EV production.
Rivian secures $6.6B in funding for new EV plant in Georgia
Rivian has finalized a $6.6 billion loan agreement with the DOE to support the construction of a new manufacturing facility in Georgia.
Rivian and DOE finalize loan deal for up to $6.6B for Georgia facility
Rivian announced it has closed its loan agreement with the U.S. Department of Energy’s DOE Loan Programs Office LPO for up to $6.6B in
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on MSN
Biden finalizes major loan to EV-maker Rivian days before Trump’s inauguration
The Biden administration has finalized a massive loan to electric vehicle (EV) maker Rivian just days before President-elect ...
Electrek
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Rivian (RIVN) secures billions in US funding for its new EV plant in Georgia [Updated]
Ahead of Trump’s return to the White House, Rivian (RIVN) secured up to $6.6 billion in funding for its second EV manufacturing plant. The new facility will be home to Rivian’s more affordable midsize ...
2d
Rivian Stock Is Racing Higher After Hours: What's Going On?
Rivian Automotive shares are charging higher in Thursday's after-hours session after the company finalized a loan agreement ...
2d
on MSN
Why Rivian Stock Topped the Market Today
Success with auto manufacturing depends to no small extent on the number of units a manufacturer can produce. In the press ...
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