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Rivian downsizes DOE loan to $4.5B for Georgia factory

TechCrunch 30 April 2026 11h ago
Rivian downsizes DOE loan to $4.5B for Georgia factory
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Relevance
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Authority
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Brand Signal
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Rivian has reworked its loan deal with the Department of Energy and now expects to borrow $4.5 billion to build its new factory in Georgia, down from the original amount of $6.6 billion.
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