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.

After a pause due to high costs, the electric vehicle manufacturer anticipates work on the project near Atlanta to begin in 2026.

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.

Electric vehicles are “not a political thing,” according to Rivian’s (RIVN) CEO RJ Scaringe. Although the Trump administration is

The EV startup is pushing forward with plans for hands-free driving in 2025 and fully "eyes-off" systems by 2026, entering the competitive race for autonomous technology.

The U.S. Department of Energy gave final approval Thursday to electric vehicle maker Rivian for a $6.6 billion loan to support its stalled Georgia factory, a huge infusion of cash intended to ensure the plant gets built.

Electric vehicle manufacturer Rivian was approved for a $6.5 billion federal loan to help it restart construction on a Georgia manufacturing facility to be built in Social Circle.

The joint venture with Volkswagen is drawing interest from other automakers eager to adopt Rivian's advanced tech, signaling a shift in EV industry dynamics.

While Tesla focuses on its robotaxi launch, Rivian is looking to take hands off the wheel and eyes off the road while enabling drivers to chat with the car.

Rivian (NASDAQ:RIVN) closes on giant $6.6 billion loan from U.S. Department of Energy (DOE) to fund Georgia's state-of-the-art manufacturing facility. The new plant, to be located at the same location as the old factory of Lordstown Motors Corp.

Rivian has finalized a $6.6 billion loan agreement with the DOE to support the construction of a new manufacturing facility in Georgia.

Established in 2009, Rivian designs, develops, and manufactures premium electric vehicles (EVs). Their lineup features the rugged R1T pickup truck, the versatile R1S SUV, and the eco-friendly Rivian electric delivery van.