After a pause due to high costs, the electric vehicle manufacturer anticipates work on the project near Atlanta to begin in ...

While Rivian had already been set up to build the facility since announcing its development in November 2023, the construction efforts stalled in March. “Our Georgia plant remains an extremely ...

On Thursday, Rivian announced it closed its loan agreement with the US Department of Energy (DOE) for up to $6.6 billion in financing for its new EV plant in Georgia. The EV maker has already ...

Mario Tama / Getty Images Rivian ... Georgia. The plant—set to be built "less than one hour's drive from downtown Atlanta," Rivian said—will be used to accelerate production of the EV maker's ...

Rivian paused the Georgia factory in March as a temporary cost-cutting measure and shifted initial production of its new crossover model, the R2, to its existing plant in Illinois. Despite the ...

The company will use the loan to help build out its planned factory in Georgia ... with the DOE loan, Rivian now believes it can roll new vehicles off the line at the plant four years later ...

Rivian recently announced the closing of a loan agreement with the U.S. Department of Energy’s (DOE) Loan Programs Office ...

Rivian Automotive, Inc. RIVN will receive a $6.6 billion loan from the Department of Energy (DOE) to build a manufacturing plant in Georgia ... the launch of its new R2 SUV and R3 crossover ...

ATLANTA — There are questions about how the federal funding freeze could affect Georgia’s Rivian plant which was awarded billions in funding in the final days of the Biden administration.

Shares of Rivian Automotive ... of Social Circle, Georgia. These funds will help secure American leadership in electric vehicles while supporting the creation of 7,500 new manufacturing jobs ...

The Department of Energy announced last week that it has closed a $6.57 billion loan to electric vehicle manufacturer Rivian for an electric vehicle plant that previously had been put on pause.