Biden Administration Approves $6.6 Billion Loan for Rivian’s Stalled Georgia Factory
President Joe Biden’s administration has announced a $6.6 billion loan through the U.S. Department of Energy to Rivian Automotive. The funds aim to revive construction of the electric vehicle maker’s factory in Georgia, a project that had stalled amid financial struggles. The move is a significant lifeline for Rivian, a high-profile player in the EV market that has faced challenges scaling production and reaching profitability. However, with a potential shift…



















