Rivian snags $6.6B conditional federal loan to build Georgia factory
Nov 25, 2024
Rivian said late Monday it has secured conditional commitment for a $6.6 billion loan from the Department of Energy, funds that will help the EV maker restart construction of a massive factory in Georgia. The funds will come from DOE’s Loan Programs Office Advanced Technology Vehicle Manufacturing Loan Program. Rivian said it expects to begin […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/11/25/rivian-snags-6-6b-conditional-federal-loan-to-build-georgia-factory/
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