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Biden Administration to loan Rivian $6.6 billion to complete Georgia factory construction


The US Department of Energy will make a $6.6-billion loan available to California-based Rivian Automotive to allow the startup EV maker to complete the construction of a factory in Georgia. Construction of the $5-billion battery and assembly plant, which was first announced in 2021 and which is 40 miles east of Atlanta, was paused in… Read more…

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