Rivian secures $6.6 billion loan from the Biden administration to build a paused Georgia EV factory
Briefly

Rivian received a $6.6 billion loan from the U.S. Department of Energy to revive production at its stalled Georgia factory, a crucial move amid financial struggles.
Despite facing challenges, including production delays and cash burn, Rivian aims to produce lower-cost R2 vehicles in Georgia, expanding access to electric vehicles.
Read at Fast Company
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