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Department Of Energy coverage.

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TECHCRUNCH

Rivian downsizes DOE loan to $4.5B, while boosting capacity of Georgia factory

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 bi…

7 views ·
#electric vehicles#evs#rivian
THE VERGE

Rivian downsizes new EV factory after Trump’s DOE slashes loan agreement

Rivian announced some changes today with regard to the factory its building in the state of Georgia. The company was planning to build the facility in two phases, each resulting in…

8 views ·
#electric vehicles#ev manufacturing#rivian
CNBC — TOP

Rivian renegotiates DOE loan down to $4.5 billion, adjusts capacity plans for Georgia plant

The DOE loan was previously set to support two phases of production for a total of 400,000 units annually.…

3 views ·
#electric vehicles#loan agreement#production capacity
HOT AIR

Reports of Ivanpah's Execution Appear to Have Been Greatly Exaggerated

Ivanpah solar plant stays open despite controversies over bird deaths and high costs in California.…

4 views ·
#renewable energy#solar power#environmental impact
FORTUNE

China dominates the world’s lithium supply. The U.S. just found 328 years’ worth in its own backyard

The USGS estimates there’s 2.3 million metric tons of lithium oxide untapped in parts of Appalachia.…

4 views ·
#lithium#mining#energy