The Tesla rival was granted a $6.6 billion loan from the Department of Energy to restart construction of a stalled EV factory ...

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

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

Irvine electric-vehicle maker Rivian has conditional approval for a $6.6-billion loan to fund the construction of a new plant ...

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

The financing for a factory in Georgia is part of a last-minute effort to establish climate policies before President-elect ...

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

The US Department of Energy will loan Rivian $6.6 billion to build an electric vehicle factory in Georgia, as Democrats ...

A loan from the U.S. Department of Energy could jumpstart Rivian’s stalled plans for an EV facility in Georgia, setting the ...

The company is losing $107,043 per EV sale, and taxpayers could end up paying.