DOE Announces $6.57 Billion Loan to Rivian to Support the …
Jan 16, 2025 · Rivian currently produces its three-row electric SUV, the R1S, and its electric pickup truck, the R1T, as well as commercial vans at its Normal, Illinois, facility. Rivian’s Georgia facility will allow the company to reach production volumes that make its products more cost competitive and accelerate access to international markets.
Automaker Rivian pauses construction of its $5 billion electric …
Mar 7, 2024 · California-based Rivian had planned to start building its new R2 midsize SUVs at the Georgia site east of Atlanta. State and local governments offered an incentive package as …
Biden administration to loan $6.6B to EV maker Rivian | AP News
Nov 26, 2024 · 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 …
Rivian Shares Progress on Future Georgia Facility
Rivian shares progress on its future Georgia facility at the Atlanta Space grand opening. See the latest developments and plans for our new site.
Rivian $6.57 billion federal loan funding approved for Georgia ...
Jan 17, 2025 · Electric vehicle manufacturer Rivian was approved for a $6.5 billion federal loan to help it restart construction on a Georgia manufacturing facility to be built in Social Circle.
Rivian | Georgia Department of Economic Development
On December 16, 2021, Governor Brian Kemp announced that American all-electric adventure vehicle manufacturer Rivian would expand its manufacturing operations with a second U.S. plant in the State of Georgia.
Electric truck maker Rivian says construction on 1st phase of Georgia …
Oct 20, 2023 · The first phase of Rivian’s factory is supposed to make 200,000 vehicles a year, starting production in 2024, with a second phase capable of making another 200,000 a year being complete by 2030. The design of the R2 will be unveiled next year, Rivian officials said Thursday.
Rivian to get a $6.6 billion federal government loan to build its ...
Nov 26, 2024 · ATLANTA — The U.S. Department of Energy announced on Tuesday that Rivian is set to receive a nearly $6.6 billion loan to construct its Project Horizon manufacturing facility in Georgia. The...
Rivian (RIVN) secures billions in US funding for new EV plant
Jan 16, 2025 · On Thursday, Rivian announced it closed its loan agreement with the US Department of Energy (DOE) for up to $6.6 billion in financing for its new EV plant in Georgia.
Rivian and U.S. Department of Energy Finalize Loan Agreement
Rivian and U.S. Department of Energy Finalize Loan Agreement to Support Future Georgia Manufacturing Site