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BUSINESSApr 30 · 20:02 UTCTECHCRUNCHSean O'Kane, Kirsten Korosec

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

Rivian has reduced its Department of Energy loan to $4.5 billion for its Georgia factory, down from $6.6 billion, while increasing the factory's production capacity.

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RivianorganizationDepartment of EnergyorganizationGeorgiaplace$4.5 billion loantopic$6.6 billion loantopicfactory capacitytopic
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