Rivian downsizes DOE loan to $4.5B, while boosting capacity of...

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2026-04-30 21:01:32

Rivian downsizes DOE loan to $4.5B, while boosting capacity of Georgia factory

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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