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Rivian, Georgia and EV
Rivian Stock Rises as EV Maker Finalizes $6.6B DOE Loan to Build Georgia Plant
Key Takeaways Rivian Automotive shares rose Friday, a day after the electric vehicle maker announced it had finalized a federal loan worth up to $6.6 billion to build a factory in Georgia.The plant—set to be built "less than one hour's drive from downtown Atlanta,
Rivian secures $6.6B in funding for new EV plant in Georgia
Rivian has finalized a $6.6 billion loan agreement with the DOE to support the construction of a new manufacturing facility in Georgia.
Rivian Gets $6.6 Billion Loan to Open Georgia Manufacturing Plant
Rivian (NASDAQ:RIVN) closes on giant $6.6 billion loan from U.S. Department of Energy (DOE) to fund Georgia's state-of-the-art manufacturing facility. The new plant, to be located at the same location as the old factory of Lordstown Motors Corp.
Rivian, U.S. finalize $6.6. billion loan before Trump retakes office
The Department of Energy announced Thursday the closing of $6.6 billion in financing for Rivian to construct a Georgia manufacturing plant.
Rivian finalizes $6.6B loan for its Georgia factory
Rivian and the Department of Energy have finalized a $6.6 billion loan announced in November with just a few days left until Donald Trump's inauguration.
Rivian secures $6.6bn DOE loan for Georgia EV manufacturing plant
The company plans to build a nine million square foot facility capable of producing up to 400,000 mass-market electric SUVs and crossovers annually.
Rivian Automotive shares jump after DOE finalizes loan deal for Georgia plant
Shares of Rivian Automotive (RIVN), an electric-vehicle manufacturer headquartered in California, are up almost 3% in after-hours trading on
Rivian Gets $6.6B Loan Approval From DOE to Build Georgia Plant
Rivian Automotive, Inc. RIVN will receive a $6.6 billion loan from the Department of Energy (DOE) to build a manufacturing plant in Georgia. This facility will produce SUVs and crossover vehicles, marking a shift from Rivian's current focus on luxury vehicles to what the DOE describes as mass-market models.
Rivian finalizes $6.6 billion federal loan for planned factory in Georgia
Plans for the new Rivian plant outside Atlanta had stalled before the federal government provided the help following an agreement that company officials say was over two years in the making.
MotorTrend on MSN
11d
Learning All About the R3 and R3X With Rivian’s Design Chief
We toured Rivian’s design studio, where we learned many details about the upcoming Rivian R3 and R3X crossovers from its ...
18h
Where Will Rivian Be in 1 Year?
The joint venture gives Rivian up to $5.8 billion, of which $2.3 billion was already paid out in 2024. Throughout 2025 and ...
8d
Rivian Is Charting a Bold New Path
Chief design officer Jeff Hammoud discusses the brand's new R3 model, balancing fun with functionality and more.
14h
Why Rivian (RIVN) Stock Is Up Today
Shares of electric vehicle manufacturer Rivian (NASDAQ:RIVN) jumped 6% in the morning session after the company announced a ...
1d
on MSN
Why Rivian Stock Topped the Market Today
Success with auto manufacturing depends to no small extent on the number of units a manufacturer can produce. In the press ...
24/7 Wall St
4d
Rivian (RIVN) Price Prediction and Forecast 2025-2030
IPO’ed in November 2021 and immediately made a splash with its stock price skyrocketing to $180 in just its first week of ...
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