Federal Government Gives Rivian $6.6 Billion Loan Approval to Build Georgia EV Plant
‘This loan would enable Rivian to more aggressively scale our U.S. manufacturing footprint,’ Rivian CEO RJ Scaringe said. Electric vehicle (EV) manufacturer Rivian said on Nov. 26 that it has received conditional approval for a loan of up to $6.6 billion from the U.S. Department of Energy (DOE) to build a factory in Georgia. Rivian,