EV maker Rivian could restart Georgia plant construction as $6.6bn loan approved
26 November 2024
US-based electric vehicle (EV) maker Rivian could restart construction of a stalled factory in Georgia, after the US Department of Energy conditionally approved a loan of up to $6.6 billion.
Rivian said it could start operation of the plant, where it will produce its smaller, less expensive R2 SUVs and R3 crossovers, in 2028.
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