Trump’s budget cuts put Rivian’s $6.6B loan in jeopardy
The massive federal loan, approved in the final days of Biden’s presidency, could be rescinded as Trump looks to slash ...
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Trump’s Budget Cuts Threaten Biden’s $6.6B Rivian Loan For EV Factory
Rivian plans to start production at the nine-million-square-foot site in 2028. In the final few days of the Biden administration, the government approved a huge loan of $6.6 billion to EV startup ...
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Gov. Kemp ‘not sure’ about federal loan earmarked for new Rivian plant
Rivian says it’s still full steam ahead on ... $6.57 billion federal loan that was secured during former President Joe Biden’s administration. No one knows for sure what will happen now ...
Biden Rushed Out Billions for Green Energy Projects Before Trump Took Office
The post Biden Rushed Out Billions for Green Energy Projects Before Trump Took Office appeared first on Reason.com.
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Rivian Stock Finds Key Support After Diving On EV Delivery Outlook
In January, the DOE under the previous Joe Biden administration announced a $6.57 billion loan to Rivian for the construction of an EV manufacturing plant in Georgia. In the years ahead, EV tax ...
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Rivian CEO says uncertainty over tariffs and elimination of EV credits contributed to carmaker's lower guidance
Despite beating expectations with its fourth-quarter earnings release on Thursday, Rivian offered weak guidance for 2025 ... Trump's plans to eliminate parts of the Biden administration's Inflation ...