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Rivian downsizes DOE loan to $4.5B for Georgia factory

TechCrunch April 30, 2026 · 8:02 pm Read Original

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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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Generated by Pulse AI, Glideslope's proprietary engine for interpreting market sentiment and economic signals. For informational purposes only — not financial advice.

Source TechCrunch

Published Apr 30, 2026 · 8:02 pm

Article ID 6orz9x2

Original URL Open source

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