Rivian’s plans to construct a $6.6 billion electric vehicle (EV) manufacturing facility in Georgia may have hit a roadblock following the Trump administration’s decision to freeze federal loans. The fate of the loan, which was […]
Rivian has announced a conditional commitment from the U.S. Department of Energy’s (DOE) Advanced Technology Vehicle Manufacturing (ATVM) Loan Program for up to $6.6 billion in financing. According to a statement from Rivian, the DOE […]
Rivian put plans for its second plant on hold after hard times hit. However, the EV maker has not totally abandoned the Georgia-based plant, as it is pursuing a federal loan to finance the project. […]
Rivian had one of the biggest days in their short history on Thursday, officially unveiling the R2, and surprising everyone with the debut of the R3 and R3X. However that wasn’t the only big news […]
Rivian has secured final approval for its second US manufacturing plant. The company plans to borrow up to $15 billion through the issuance of taxable bonds through the Joint Development Authority of Jasper, Morgan, Newton […]
Rivian recently opened a new space location in Atlanta and used the occasion to provide updates on its upcoming manufacturing plant in Georgia. According to Rivian its next production plant at Stanton Springs North is making […]
Hyundai is rushing to open its new Georgia factory to take advantage of IRA benefits. Federal law provides a $7,500 tax credit on the purchase of electric vehicles, but only if they are completely made […]
The Georgia Supreme Court has handed a victory to Rivian and the Georgia Department of Economic Development (GDED), giving the green light this week to the development of a second Rivian manufacturing facility, overcoming challenges […]
Rivian has cleared a major hurdle in pursuing its $5 billion EV plant planned for Atlanta. It recently obtained a key federal government approval, allowing it to start preliminary work on the 2,000-acre site. The […]
The county of Bryan in the state of Georgia is about to welcome Hyundai in a big way. The county will host a $926 million plant where Hyundai Mobis will employ more than 1,500 workers […]
