Biden administration to loan $6.6B to EV maker Rivian to build Georgia factory that automaker paused

President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia factory

Tech - ABC News - 2 days ago

Biden administration preliminarily OKs $6.6B loan to EV maker Rivian

The Biden administration has preliminarily said it would give a $6.6 billion loan to electric vehicle maker Rivian for a plant in Georgia. The administration said the loan would support the ...

Politics - The Hill - 3 days ago

Rivian to use Biden administration loan to boost competitiveness of its EVs

Rivian said it will use a $6.6 billion government loan to “aggressively” scale manufacturing of its R2, which is coming in 2026.

Business - MarketWatch - 3 days ago

Rivian to Get $6 Billion Federal Loan for EV Factory

The financing for a factory in Georgia is part of a last-minute effort to establish climate policies before President-elect Donald J. Trump takes office.

Business - The New York Times - 3 days ago

Biden gives $6.6B conditional loan to EV-maker

Click for the latest from The Hill {beacon} Energy & Environment Energy & Environment The Big Story Biden gives $6.6B conditional loan to EV-maker The Biden administration has preliminarily said ...

Politics - The Hill - 2 days ago

VW's $5.8 billion investment in Rivian isn't guaranteed. Here are the milestones the EV maker needs to hit

VW's capital to Rivian isn't guaranteed, and neither is the success of the joint venture. Major automotive tie-ups don't always result in long-term successes.

Business - CNBC - November 13

Biden to host Trump at White House as he builds his administration, Cabinet

On Wednesday, President Biden will host President-elect Donald Trump in the Oval Office as Trump continues to build his administration. Trump says billionaires Elon Musk and Vivek Ramaswamy will ...

Rheinmetall to build munitions factory in Lithuania by 2026

World - Yahoo News - 7 hours ago

China directs automakers to halt investments in EU countries supporting EV tariffs

World - Yahoo News - November 1

Automakers Are Hot for Extended-Range EVs. They Hope Buyers Like Them Too

The tech, a waypoint between fully electric cars and gas-powered ones, has shown up in more and more US—and Chinese—vehicles. Can EREV tech get more drivers into electrics?

Tech - Wired - November 3

JaGUar? Luxury automaker defends controversial rebrand amid pivot to EVs

New logos and promotional videos unveiled by the classic British car brand drew the ire of many on social media this week.

Business - CNBC - November 22

Rivian’s losses widen, but investors like hearing of ‘progress’ in next-gen EV

Rivian posted a wider loss and lower sales than Wall Street expected, but says it is making progress with its next-generation EV platform.

Business - MarketWatch - November 8

Is the Biden Administration Coming for Chrome?

The Justice Department is reportedly targeting Google’s web browser as its antitrust enforcers seek to cement a major win before Donald Trump takes office.

Business - The New York Times - November 19

Tesla's Withdrawal Pushes India to Broaden EV Incentives for Existing Factories

World - Yahoo News - 9 hours ago

Chinese EV maker BYD's quarterly sales overtook Tesla's for the first time

The milestone comes amid tough competition in China, the world's largest auto market, as well as higher tariffs on imports of Chinese EVs into the EU.

Business - CNBC - October 31

The World’s Biggest EV Maker Has the Industry’s Worst Human Rights Appraisal

Amnesty International has issued a report charting the supply chains and human rights due diligence policies of 13 major EV manufacturers. The results are a world away from the clean, safe future ...

Tech - Wired - November 22

How the EV era is challenging leading engine maker Honda

Honda is one of the world's largest and most innovative engine makers. But in recent years it has been challenged by the shift to electric vehicles.

Business - CNBC - November 22

How will Biden and his administration be remembered?

When President Biden took office in 2021, it appeared he had ended the Trump era in Republican politics. So how will handing the keys back to his predecessor affect his legacy? CBS News political ...

Trump Will Likely Cut the Ribbons on Biden’s Factories and Infrastructure Projects

The outgoing president funded new plants and big economic initiatives, but his successor may be able to put his name on the finished products.

Business - Inc. - November 12

Tesla and Rivian shares were having a good week. Concerns over the future of EV tax credits ended that.

Worries that EV tax credits may go away under the Trump administration hit a fever pitch on Thursday, dragging down the stocks.

Business - MarketWatch - November 14

Vauxhall owner Stellantis blames EV rules for plan to close UK van factory

About 1,100 jobs at risk as carmaker says government mandate played a ‘significant role’

Business - Financial Times - 2 days ago

Biden delivers remarks on his administration's support for unions

Watch live coverage as President Biden travels to Philadelphia to deliver remarks on what his administration has done to support unions.

Which Biden administration accomplishments could be undone by Trump?

NBC News' Sahil Kapur takes a look at some of the executive actions and accomplishments President Biden and his administration have put into place that could be on the chopping block when ...

Texas to build new border wall section on land offered to Trump administration

The land offer highlights the divide between states and local governments on supporting or resisting Trump's mass deportation plans.

Politics - CBS News - November 22

Biden officials, Republicans point fingers over exhausted disaster loans program

A blame game between the Biden administration and GOP lawmakers is underway after a key disaster loan program saw its funds run out in the middle of a destructive hurricane season. The Biden ...

Politics - The Hill - 3 days ago

‘Devastating’: Nonprofit founder says flight ban pauses plans to build school in Haiti

A nonprofit CEO says the flight ban into and out of Port-au-Prince, Haiti, has disrupted plans for humanitarian aid there, including the building of a school in Cap-Haitien.

Chinese EV makers' go-global drive hits bumps amid Beijing's warning, failed deals

World - Yahoo News - November 14

Student loans, Title IX: What education policies might come out of a Trump administration

School choice will have a proponent in the Oval Office, and the federal Department of Education could be in existential danger after Tuesday's election. GOP education initiatives have been ...

Politics - The Hill - November 7

Protesters in Georgia's separatist Abkhazia region refuse to cede control of government buildings

Opposition protesters in Georgia's breakaway province of Abkhazia have refused to cede control of key government buildings seized during rallies on Friday during which at least 14 people were ...

World - ABC News - November 16

Israel and Lebanon's Hezbollah start a ceasefire after nearly 14 months of fighting

The ceasefire between Israel and Lebanon’s Hezbollah militants has begun as a region on edge wonders whether it will hold

World - ABC News - 2 days ago

Biden administration announces $2.4 billion for new rail projects

The Biden administration announced $2.4 billion in funding for new rail projects Tuesday. Officials are hoping the investment will spur new job opportunities for Americans as they undertake 122 ...

Politics - The Hill - October 30

Watch live: Biden touts administration's support for unions in Philadelphia

President Biden is in Philadelphia Friday afternoon to tout the administration's support for unions across the U.S. He is expected to announce actions his administration has taken that would ...

Politics - The Hill - November 1

Coons: Voters 'didn't give us credit' for Biden administration's work

Sen. Chris Coons (D-Del.) said on Wednesday he did not think voters gave his party enough credit for the bipartisan legislation that was signed into law during the Biden administration. In an ...

Politics - The Hill - November 6

Biden administration seeks to minimize drilling in Arctic wildlife refuge

The Biden administration on Wednesday took a step to advance legally mandated drilling in an Alaska wildlife refuge — but plans to do so on the least amount of land possible. The administration ...

Politics - The Hill - November 6

Biden administration to loan $6.6B to EV maker Rivian to build Georgia factory that automaker paused

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