Rivian awarded $6.6B conditional loan for Georgia EV plant for 2028

Rivian postpones, but confirms Georgia plant thanks to fresh loan money Planned for assembly of new R2 and R3 product lines Will supplement Rivian's existing Illinois facility How will new Trump era impact plans? Rivian on Monday announced a conditional commitment from the federal government for a loan of up to $6.6 billion under the Department of...

Nov 27, 2024 - 09:00
Rivian awarded $6.6B conditional loan for Georgia EV plant for 2028
Rivian R2Rivian postpones, but confirms Georgia plant thanks to fresh loan money Planned for assembly of new R2 and R3 product lines Will supplement Rivian's existing Illinois facility How will new Trump era impact plans? Rivian on Monday announced a conditional commitment from the federal government for a loan of up to $6.6 billion under the Department of...

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