Rivian lands federal loan to restart Georgia EV plant near Covington
2 days ago · A nearly $6 billion federal loan will help electric-vehicle manufacturer Rivian restart construction of a $5 billion vehicle and battery plant near Covington, U.S. Sen. Jon Ossoff, D-Ga ...
Biden administration to loan $6.6B to EV maker Rivian | AP News
6 days ago · 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 factory in Georgia that had stalled as the startup electric vehicle maker struggled to become profitable.
Rivian gets $6.6 billion government loan to build its EV factory in Georgia
6 days ago · The US Department of Energy will loan Rivian $6.6 billion to build an electric vehicle factory in Georgia, as Democrats scramble to finalize their climate agenda before Donald Trump takes office.
Hyundai just opened its massive new EV plant in Georgia - Electrek
Oct 4, 2024 · Hyundai’s $7.6 billion EV plant in Georgia officially opens. After breaking ground on the site in October 2022, Hyundai Motor Group’s Metaplant America (HMGMA) in Bryan County, GA, is now...
Rivian gets $6.6 billion conditional loan approval to build Georgia EV ...
6 days ago · Rivian said on Monday it has received conditional approval for a loan of up to $6.6 billion from the U.S. Department of Energy to build the electric vehicle maker's production facility in Georgia.
Rivian (RIVN) takes a big step toward restarting Georgia EV plant ...
Oct 7, 2024 · Rivian (RIVN) is moving closer to restarting construction at its $5 billion EV plant in Georgia after pausing it months ago. The company recently took a significant step by applying for a federal...
Hyundai has begun producing electric SUVs at ... - Associated Press News
Hyundai has begun producing electric SUVs in Georgia less than two years after breaking ground on its sprawling manufacturing plant west of Savannah.
Automaker Rivian pauses construction of its $5 billion electric …
Mar 7, 2024 · California-based Rivian had planned to start building its new R2 midsize SUVs at the Georgia site east of Atlanta. State and local governments offered an incentive package as large as $1.5 billion, one of the largest ever offered for an American auto plant.
Rivian secures massive Georgia land deal for new plant, R2 EVs
Nov 13, 2023 · Up-and-coming EV maker Rivian closed on a monumental land agreement last week for 1,800 acres to host its new mega site in Georgia. Construction can now begin on Rivian’s $5 billion facility,...
Rivian gets $6.6 billion conditional loan approval to build Georgia EV ...
In 2022, the EV maker had secured a $1.5 billion in state and local incentives for the Georgia facility. In May, it said it had received $827 million in an incentive package from the State of ...