Biden Tosses Rivian a $6 Billion Lifeline
The company is losing $107,043 per EV sale, and taxpayers could end up paying.
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 ...
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 ...
Biden administration preliminarily OKs $6.6B loan to EV maker Rivian
The Biden administration has preliminarily said it would give a $6.6 billion loan to electric vehicle (EV) maker Rivian for a ...
Biden administration to loan $6.6B to EV maker Rivian to build Georgia factory that automaker paused
President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia ...
Biden Grants Rivian $6.6B Loan to Revive Stalled Georgia EV Factory
The loan is a critical step for the EV maker, which had halted work on its plant after struggling to become profitable.
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 ...
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 ...
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Biden administration to loan $6.6B to EV maker Rivian to build Georgia factory that automaker paused
ATLANTA — 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 ...