Rivian gets conditional approval for $6.6 billion DOE loan to build Georgia EV plant

By Yahoo! Finance   |   1 year ago
Rivian gets conditional approval for $6.6 billion DOE loan to build Georgia EV plant

Rivian secures a $6.6 billion loan from the US Department of Energy for its Georgia production facility. The loan aims to boost the manufacturing of affordable electric vehicles like the R2 and R3 models.

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