Biden Funds Rivian's Georgia Factory
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Georgia EV factoryUS500
•Rivian Receives $6.6B Loan from Biden Administration for Georgia Factory
69% Informative
Biden administration loans $6.6 billion to Rivian to restart stalled Georgia EV factory.
Rivian Automotive aims to produce its smaller, more affordable R2 and R3 models.
First phase of production is now slated to begin in 2028 , with 400,000 vehicles annually and 7,500 jobs.
VR Score
75
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77
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55
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formal
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English
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66
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Attention-grabbing headline
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