Rivian Reduces Department Of Energy Loan Request
Rivian has restructured its loan agreement with the U.S. Department of Energy. The company now expects to borrow $4.5 billion for its new Georgia factory, a reduction from the initial $6.6 billion request.
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Developing
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Sources · 7 independent
Mastodon
“Rivian has reworked its loan deal with the Department of Energy and now expects to borrow $4.5 billion to build its new factory in Georgia, down from the original amount of $6.6 billion.”
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