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Rivian will not draw its approved $6.6B federal loan until after its Georgia plant is built, targeting 2028
Rivian’s finance chief says the company will not touch the $6.6 billion U.S. government loan until its new plant in Georgia is built and ready to move toward production, which is expected in 2028. The ...
(Bloomberg/Chester Dawson) — Rivian Automotive Inc. expects to draw on a $6.6 billion US government loan after building a new plant in Georgia but before starting production in 2028, according to its ...
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Rivian expects tariffs to increase car production costs by 'a couple thousand dollars per unit'
Rivian is expected to experience some headwinds in the near future due to the rapidly evolving policies that impact EV production in the US. Rivian's CEO, RJ Scaringe, said during the company's second ...
Electric vehicle manufacturer Rivian has named Atlanta the site of its East Coast headquarters. The site will be in northeast Atlanta at the intersection of Auburn Avenue and Irwin Street, just a few ...
After two consecutive quarters of positive gross profit, Rivian Automotive’s winning streak is over, at least for now. While the electric truck maker generated $1.3 billion in revenue for the second ...
(Reuters) -Rivian Automotive surpassed third-quarter revenue expectations on Tuesday, fueled by strong deliveries as U.S. consumers rushed to grab a federal tax incentive on electric vehicle purchases ...
Rivian's sales popped last quarter. Another big update bodes well for 2026. For some analysts, the biggest positive news delivered during earnings was Rivian's 78% spike in revenue. Revenue hit $1.56 ...
Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. Rivian Automotive Inc. reported a smaller-than-expected ...
Rivian reported mixed Q2 earnings results; the stock fell about 5% after trading hours. The company says it expects headwinds due to changing policies around EVs in the US. Tariffs will impact the ...
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