Rivian Stock Rises as EV Maker Finalizes $6.6B DOE Loan to Build Georgia Plant
Key Takeaways Rivian Automotive shares rose Friday, a day after the electric vehicle maker announced it had finalized a federal loan worth up to $6.6 billion to build a factory in Georgia. The plant—set to be built “less than one hour’s drive from downtown Atlanta,” Rivian said—will be used to accelerate production of the EV