The Verge
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2024-11-26 14:47:45
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wss://articles.layer3.newsPublished at
2024-11-26 14:47:45Event JSON
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"Rivian, a struggling electric vehicle manufacturer, has received a $6.6 billion loan from the US Department of Energy to build a factory in Georgia. The company had previously put its plans on hold due to a lack of funds. The loan comes as Democrats are working to finalize their climate agenda before Donald Trump takes office. Rivian has been facing significant financial losses, including a $1.1 billion loss in the past quarter, and has undergone several rounds of layoffs."
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