Login

Rivian set to receive $6.6 billion federal loan for construction of Georgia EV factory

Automaker says it's working with partners to 'quickly' close financing deal

Rivian intends to construct a $5 billion plant near Atlanta to make electric trucks and SUVs. (Getty Images)
Rivian intends to construct a $5 billion plant near Atlanta to make electric trucks and SUVs. (Getty Images)

Rivian received conditional approval for a federal loan of up to $6.6 billion to restart the stalled construction of its Atlanta-area plant, and the electric vehicle company said it is working to quickly close the financing deal.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In