The loan comprises $6 billion in principal and $600 million in capitalized interest. The announcement follows Rivian’s recent $5.8 billion investment from Volkswagen as part of a joint technology ...

Rivian is set to receive a $6.6 billion loan commitment from the Department of Energy to continue building a plant in Georgia ...

A robust ecosystem of US companies developing and manufacturing EVs is critical for the US to maintain its long-term leadership in transportation.” Rivian's loan hasn't been finalized yet, as the ...

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 stalled as the ...

Rivian won a “conditional commitment” from the Department of Energy for a $6.6 billion loan, highlighting Rivian’s improving ...

The conditional approval would allow the automaker to complete construction on a massive factory in Georgia, increasing ...

Volkswagen has announced a redesign for its ID electric range, combining heritage-inspired design with technical updates, ...

Irvine electric-vehicle maker Rivian has conditional approval for a $6.6-billion loan to fund the construction of a new plant ...

Biden administration's $6.6B loan to Rivian revives plans for Georgia EV factory, boosting US electric vehicle production.

Rivian is battling a class-action securities fraud case in California tied to its much-hyped initial public offering three ...