Rivian lands federal loan to restart EV plant

A nearly $6 billion federal loan will help electric vehicle manufacturer Rivian restart construction of a $5 billion vehicle and battery plant near Covington, U.S. Sen. Jon Ossoff, D-Ga., announced Tuesday.When it was announced in late 2021, the project was expected to create 7,500 jobs. However, last March, Rivian announced plans to build its new R2 crossover models at a factory in Illi...

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