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Rivian Rides High: $6.6 Billion DOE Loan Commitment Fuels EV Expansion

By Yahoo! Finance   |   1 year ago
Rivian Rides High: $6.6 Billion DOE Loan Commitment Fuels EV Expansion

Rivian Automotive (NASDAQ:RIVN) sees a rise in premarket trading due to a $6.6 billion conditional loan commitment from the U.S. Department of Energy. This funding will support Rivian's EV manufacturing growth in the U.S.

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