U.S. to Fund New EV Facility

Written By Susan Stedfast

Zermatt, Switzerland. Photo by Samuel Ferrara on Unsplash.

The U.S. Department of Energy has announced a $6.57 billion loan to Rivian for the construction of a manufacturing facility in Georgia.

For details: https://www.energy.gov/lpo/articles/lpo-announces-conditional-commitment-rivian-support-construction-ev-manufacturing

For context: https://climate.mit.edu/ask-mit/are-electric-vehicles-definitely-better-climate-gas-powered-cars

Susan Stedfast
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