27 Nov 2024 | $7BN Loan For Rivian, Long Range VW Passat PHEV and California Reaches EV Milestone – EV News Daily
DOE GRANTS RIVIAN $7B LOAN FOR GEORGIA EV PLANT Rivian Automotive received conditional approval for a nearly $7 billion loan from the U.S. Department of Energy (DOE) to build a manufacturing facility in Georgia. Announced in late 2021 after Rivian went public, the $5 billion plant is located about 45 miles (72 kilometers) east…
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