RIVN break long-term trend?
Rivian Automotive
RIVN
said late Thursday it closed a loan agreement with the US Department of Energy for up to $6.6 billion to back the construction of a plant in Stanton Springs North, Georgia.
The loan will be divided into two phases for Rivian's Georgia facility, with the first phase expected to reach up to $3.4 billion and the second phase up to $2.6 billion.
Construction is slated to start in 2026 with production of customer vehicles expected to take place in 2028, Rivian said.
The company's shares were rising past 5% in after-hours trading.
RIVN
said late Thursday it closed a loan agreement with the US Department of Energy for up to $6.6 billion to back the construction of a plant in Stanton Springs North, Georgia.
The loan will be divided into two phases for Rivian's Georgia facility, with the first phase expected to reach up to $3.4 billion and the second phase up to $2.6 billion.
Construction is slated to start in 2026 with production of customer vehicles expected to take place in 2028, Rivian said.
The company's shares were rising past 5% in after-hours trading.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.