Rivian Renegotiates DOE Loan to $4.5 Billion, Adjusts Georgia Plant Capacity

Rivian has renegotiated its Department of Energy loan, reducing it to $4.5 billion, and has also adjusted its production capacity plans for its Georgia manufacturing plant.

30 Apr, 20:28 — 30 Apr, 20:28

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cnbcMostly Factual3h ago

Rivian renegotiates DOE loan down to $4.5 billion, adjusts capacity plans for Georgia plant

The DOE loan was previously set to support two phases of production for a total of 400,000 units annually.

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Rivian Renegotiates DOE Loan to $4.5 Billion, Adjusts Georgia Plant Capacity

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Rivian renegotiates DOE loan down to $4.5 billion, adjusts capacity plans for Georgia plant

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