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 …
Biden finalizes major loan to EV-maker Rivian days before …
Jan 16, 2025 · The Biden administration has finalized a massive loan to electric vehicle (EV) maker Rivian just days before President-elect Trump takes office. The $6.57 billion loan will …
Biden administration loans $6.6B to struggling Tesla rival Rivian
Nov 27, 2024 · Rivian, the maker of the R1T electric pickup truck, is due to receive a $6.6 billion loan from the Biden administration. Getty Images. The stock is up 22% this week. On …
Under the Wire: Biden Admin To Lend $6 Billion to EV Company …
Nov 26, 2024 · President Joe Biden's Energy Department announced on Monday that it plans to lend $6 billion to Rivian—a company that only makes electric vehicles—to build an electric car …
US Finalizing Billions for Rivian, Plug Power Before Trump ... - MSN
The Biden administration finalized billions of dollars in financing for electric-vehicle maker Rivian Automotive Inc. and hydrogen company Plug Power Inc. just days before President-elect …
Rivian CEO shrugs off Trump's rollback of EV incentives
16 hours ago · President Donald Trump moved to ax Biden-era tax incentives for electric-vehicle purchases. Rivian CEO RJ Scaringe told BI that EV companies like his faced uncertainty but …
Biden administration giving Rivian $6.6B loan to build Georgia …
Nov 26, 2024 · SOCIAL CIRCLE, Ga. - President Joe Biden’s administration announced on Tuesday that the U.S. Department of Energy will make a $6.6 billion loan to Rivian Automotive …
Biden Administration to Lend $6 Billion for Rivian E.V. Factory
Nov 25, 2024 · The Biden administration said on Monday that it would lend $6 billion to help Rivian build an electric car factory in Georgia, part of an effort to lock in Democratic climate …
Rivian to use Biden administration loan to boost competitiveness …
Nov 26, 2024 · Shares of Rivian Automotive Inc. got a lift Tuesday after the electric-vehicle maker said it received a “conditional commitment” from the Biden administration for a loan of up to …
US to Finalize Billions in Funding for Rivian, Plug Power
Jan 16, 2025 · The Biden administration is poised to finalize billions of dollars in financing for electric vehicle maker Rivian Automotive and hydrogen manufacturer Plug Power before the …