Rivian receives $6.6 billion conditional loan approval from DOE to build Georgia EV plant

American all-electric automaker Rivian Automotive announced on Monday it has received conditional commitment from the U.S. Department of Energy’s Advanced Technology Vehicle Manufacturing (ATVM) Loan Program for a loan of up to $6.6 billion (including $6 billion of principal and approximately $600 million of capitalized interest) to accelerate its growth and leadership of electric vehicle […]