Rivian has reworked its Department of Energy loan deal, expecting to borrow $4.5 billion for its Georgia factory instead of the originally planned $6.6 billion. The change signals a revised financing and build approach as the company scales production capacity. Rivian did not change the core goal—ramping up the new facility—just the price tag tied to federal support.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
