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Article Summary
  • Biden administration to provide a $6.6 billion loan to electric vehicle maker Rivian to build a factory in Georgia
  • Rivian had previously paused construction on the factory due to supply chain issues
  • The loan is part of the Advanced Technology Vehicles Manufacturing program
  • The factory is expected to create thousands of new jobs in Georgia
  • Rivian has faced challenges with production and delivery of its electric vehicles Tone: informative and neutral
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Georgia
  Pasadena Star-News     3 hours ago
Irvine-based EV Maker Rivian OKd For $6 Billion US Loan To Build Georgia Factory
The company plans to produce R2 vehicles, a smaller SUV, in Georgia with lower price tags aimed at a mass market.
https://www.pasadenastarnews.com/2024/11/26/biden-...
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