Rivian Receives Conditional Commitment for up to $6.6 Billion Loan from the U.S. Department of Energy’s Advanced Technology Vehicle Manufacturing (ATVM) Program

IRVINE, Calif.–( COMPANY CORD)– American all-electric car manufacturer Rivian Automotive (NASDAQ: RIVN) today introduced it has actually obtained conditional dedication from the united state Division of Power’s Advanced Modern technology Car Production (ATVM) Car Loan Program for a lending of approximately $6.6 billion (consisting of $6 billion of principal and around $600 numerous capitalized passion) to increase its development and management of electrical automobile style, growth and production in the USA. If

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