Rivian’s $6.6 Billion Boost: A Lifeline or a Gamble?
The U.S. Department of Energy (DOE) has extended a conditional commitment for a $6.6 billion loan to Rivian Automotive (RIVN) under its Advanced Technology Vehicle Manufacturing (ATVM) Loan Program. This funding aims to reignite Rivian’s plans for a next-generation electric vehicle factory in Georgia. With ambitions to expand its production capacity and solidify its place… Continue reading Rivian’s $6.6 Billion Boost: A Lifeline or a Gamble?