Biden administration will loan $6.6 billion to Rivian to build Georgia factory that automaker paused

ATLANTA (AP) — President Joe Biden’s administration announced Tuesday that the U.S. Department of Energy will make a $6.6 billion loan to Rivian Automotive to build a factory in Georgia that had stalled as the startup automaker struggled

By: financialpost.com

Nov 26 2024
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ATLANTA (AP) -- President Joe Biden's administration announced Tuesday that the U.S. Department of Energy will make a $6.6 billion loan to Rivian Automotive to build a factory in Georgia that had stalled as the startup automaker struggled to become profitable. Read More

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Biden administration will loan $6.6 billion to Rivian to build Georgia factory that automaker paused

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