Rivian locks in US$6.6bn loan for Georgia plant construction
Pure electric vehicle (EV) brand Rivian announced the finalisation of its US$6.6bn loan from the Department of Energy (DoE) on 17 January 2025. The automaker stated that this would be used to build its manufacturing plant in Stanton Springs, Georgia—first announced by the state government in 2021. A conditional offer was previously made public in November 2024.
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Originally posted on: https://www.automotiveworld.com/articles/rivian-locks-in-us6-6bn-loan-for-georgia-plant-construction/