U.S. EV startup gets 6.6 bln USD loan to expand production: WSJ

NAMPA / Xinhua

2024-11-26

NEW YORK, Nov. 26 (Xinhua) -- U.S. electric-vehicle startup Rivian Automotive received conditional approval for a loan of up to 6.6 billion U.S. dollars from the government to boost its production capability, reported The Wall Street Journal (WSJ) on Tuesday. The Irvine, California-based startup said the conditional commitment from the U.S. Department of Energy's Advanced Technology Vehicle Manufacturing program includes 6 billion dollars in p......

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