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loan agreement

Coverage of loan agreement in the Nexus archive.

Earliest in view: Apr 30 · 20:05 UTCMost recent: Apr 30 · 20:05 UTC
Co-mentioned in this coverage
Rivianorganization1US Department of Energyorganization1Georgiaplace1electric vehiclestopic1production capacitytopic1
Recent coverage
  • BUSINESSApr 30 · 20:05 UTCTHE VERGE
    Rivian downsizes new EV factory after Trump’s DOE slashes loan agreement

    Rivian has revised its Georgia EV factory plans from 400,000 annual production capacity to 300,000 units due to a reduced $4.5 billion loan from the US Department of Energy (DOE), down from $6.6 billion. The company will still aim to reach the lower capacity faster than originally planned.