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Rivian, Biden
Opinion
Opinion | Biden Tosses Rivian a $6 Billion Lifeline
Consider the Biden Energy Department’s stunning $6 billion loan to struggling Rivian Automotive to make electric vehicles. We had fun calling Rivian a “government unicorn” three years ago when it went public and surged to a fantastic $120 billion market valuation.
Biden Administration to Lend $6 Billion for Rivian E.V. Factory
The financing for a factory in Georgia is part of a last-minute effort to establish climate policies before President-elect Donald J. Trump takes office.
Biden administration to loan $6.6 billion to EV maker Rivian to build Georgia factory that automaker paused
The Energy Department said the loan would substantially boost electric vehicles made in the United States and support Biden’s goal of having zero-emission vehicles make up half of all new US sales by 2030.
23h
Elon Musk’s DOGE partner Vivek Ramaswamy says they’ll scrutinize $6.6 billion Biden loan to Tesla rival Rivian
Critics advise the incoming Trump administration to pull the plug on 'corporate-welfare loans handed out for political ...
4d
on MSN
Biden administration to loan Rivian $6.6B to build US factory that automaker paused
President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia ...
2d
on MSN
Lame-duck Biden administration loans $6.6B to struggling Tesla rival Rivian
Rivian, the EV startup based in California, was worth as much as $150 billion just three years ago before its stock price ...
Atlanta Journal-Constitution
21h
Vivek Ramaswamy pans Rivian’s expected $6B federal loan for Georgia factory
Vivek Ramaswamy criticized the Biden administration’s nearly $6 billion federal loan expected for Rivian’s manufacturing plant, labeling it as a “political shot." ...
FOX 5 Atlanta
4d
Biden administration giving Rivian $6.6B loan to build Georgia factory
SOCIAL CIRCLE, Ga. - President Joe
Biden
’s administration announced on Tuesday that the U.S. Department of Energy will make ...
3d
on MSN
Rivian receives conditional $6.6-billion federal loan for plant, new models
Irvine electric-vehicle maker Rivian has conditional approval for a $6.6-billion loan to fund the construction of a new plant ...
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