Biden Admin Finalized Rivian’s $6.6 Billion Loan Before Trump Took Office
The Department of Energy has finalized a $6.6 billion loan to Rivian. The funds will enable the company to build a new plant in Georgia. Production is slated to begin in 2028 and the facility will build the R2 and R3.
Biden Administration Set To Finalize Billions In Last-Minute Loans To Rivian, Plug Power Inc.
The Biden administration ended at noon today, which means these funds got pushed through at the last second. Going forward, it’s uncertain what the incoming Trump administration will do.
Rivian finalizes $6.6B loan for its Georgia factory
Rivian and the Department of Energy have finalized a $6.6 billion loan announced in November with just a few days left until Donald Trump's inauguration.
Rivian, U.S. finalize $6.6. billion loan before Trump retakes office
The Department of Energy announced Thursday the closing of $6.6 billion in financing for Rivian to construct a Georgia manufacturing plant.
Biden administration finalizes $6.6 billion loan for Rivian before Trump becomes president
Electric vehicle maker Rivian Automotive said it has finalized a $6.6 billion loan agreement with the federal government just days before the Trump Administration takes over.
Biden finalizes major loan to EV-maker Rivian days before Trump’s inauguration
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 finance an electric
Rivian and Plug Power close government loan deals just before Trump takes office
Just in time, clean-energy companies Rivian Automotive Inc. and Plug Power Inc. have closed loan agreements with the Biden administration that will fund the construction of manufacturing plants in the United States.
VW Boss Wants To Deepen Ties With Rivian
In short, VW’s deep pockets and bulk-buying muscle could help streamline production costs and supply chain headaches for ...
The 1 Number That Could Unlock Rivian Stock's Upside
While Rivian has immense upside if it were to achieve the P/S valuation its competitors boast. The truth is that it could be ...
Rivian’s design travels a different road
It’s a design trend initiated by the 2012 Land Rover Range Rover, one that Rivian expounded upon. The redesigned 2022 Range ...
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Why Did Robert W. Baird Give Rivian Automotive Inc (RIVN) Stock Neutral Rating?
Rivian Automotive Inc (RIVN) stock saw a decline, ending the day at $14.21 which represents a decrease of $-0.23 or -1.59% from the prior close of $14.44. The stock opened at $14.68 and touched a low ...
Rivian: Volkswagen Bull Case Is Getting Stronger (Rating Upgrade)
Rivian's recent delivery and production numbers exceeded expectations, driven by a crucial partnership with Volkswagen. Read ...
Where Will Rivian Be in 1 Year?
The joint venture gives Rivian up to $5.8 billion, of which $2.3 billion was already paid out in 2024. Throughout 2025 and ...
Volkswagen looking to deepen partnership with U.S. EV maker Rivian, Spiegel reports
Volkswagen is considering ways to deepen its partnership with U.S. electric car maker Rivian, the German company's CEO told ...
Why Rivian’s new DOE deal has failed to cheer Wall Street analysts
Rivian signs a $6.6 billion loan deal with Department of Energy. Truist analysts' price target suggests the agreement is ...