Biden gives $6.6B conditional loan to EV-maker

By The Hill   |   1 year ago
Biden gives $6.6B conditional loan to EV-maker

The loan will help Rivian build a facility for mass-market electric SUVs. The Biden administration supports this move, while the incoming Trump administration is expected to be less interested in funding low-carbon energy technologies. Vivek Ramaswamy criticized the loan, questioning its high cost per job created.

Read More

Did you find this insightful?