Rivian said on Monday it has received conditional approval for a loan of up to $6.6 billion from the U.S. Department of ...

President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia ...

Rivian paused work on the plant earlier this year amid financial difficulties. The factory is supposed to produce midsize and ...

Rivian announced late Monday that it has received "conditional commitment" from the Department of Energy for a $6.6 billion ...

The company plans to produce R2 vehicles, a smaller SUV, in Georgia with lower price tags aimed at a mass market.

The loan is a critical step for the EV maker, which had halted work on its plant after struggling to become profitable.

Rivian, lacking the funds to start the construction process, put its Georgia factory plans on hold earlier this year. The ...

A Department of Energy loan could enable the company to begin R2 and R3 production in the peach state as early as 2028 ...

Rivian won a “conditional commitment” from the Department of Energy for a $6.6 billion loan, highlighting Rivian’s improving ...

MORGAN COUNTY, Ga. — The stalled Rivian manufacturing plant mega-project in Georgia is getting a huge revival boost from the ...