Rivian, U.S. DOE finalize USD 6.6 billion loan agreement for Georgia plant

On January 16, Rivian announced it has closed its loan agreement with the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) for up to USD 6.6 billion in financial support for the construction of its next manufacturing facility in Stanton Springs North near Rutledge, Georgia.
The funds will support the crea....

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