In the years since, the company's fortunes have dipped. When Rivian went public in November 2021, investors valued the company at $90 billion, higher than Ford or General Motors. Less than two ...

Rivian said the loan also would provide "significant funding" for the development of the platforms of the R2, as well as an even more affordable midsize crossover models called the R3 and R3X ...

Rivian said the loan also would provide “significant funding” for the development of the platforms of the R2, as well as even more affordable midsize crossover models called the R3 and R3X ...

Rivian secures a $6.6 billion loan from the US Department of Energy – with a few stipulations. While details of the conditions weren’t included in the original report, ...

Rivian Automotive is poised to receive a $6.6 billion loan from the U.S. Department of Energy (DOE) to restart its plans for a massive manufacturing facility in Georgia.. The project had been put ...

The loan comes in two tranches, which Rivian says it will use to fund the two stages of buildout it’s planning in Georgia. Rivian can borrow up to $3.35 billion in the first tranche, ...

According to the DOE's Loan Programs Office, Rivian plans to produce its midsize R2 and R3 models first at the new plant. The project, due to begin operations in 2028, would support up to 2,000 ...

Rivian has applied for a federal loan to help finance the $5 billion EV factory it plans to build an hour east of Atlanta. Breaking: 2 officers shot at motel in Fulton near I-20, officials say.

Rivian has been conditionally approved for a $6.6 billion loan from the U.S. Department of Energy's Advanced Technology Vehicle Manufacturing Program. The loan will allow Rivian to complete ...

Rivian's goal to become a household name is being supercharged thanks to the awarding of a $6.6 billion grant from the U.S. Department of Energy's—stay with me here—Loan Programs Office ...

Rivian, the maker of the R1T electric pickup truck, is due to receive a $6.6 billion loan from the Biden administration. Getty Images. The stock is up 22% this week.

Electric cars. Rivian Seeks Federal Loan To Restart Georgia Plant Despite $1.5 Billion in State Incentives The state of Georgia is already funding the purchase and preparation of the land; now the ...