Announcement
16 Jan 2025
In January 2025, the U.S. Department of Energy’s Loan Programs Office announced a USD 6.57 billion loan to Rivian New Horizon LLC to develop an electric vehicle manufacturing plant in Georgia.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
1 in force
Implementation date
16 Jan 2025
Revocation date:
No revocation date
State loan
In force
On 16 January 2025, the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) announced the approval of a USD 6.57 billion loan to Rivian New Horizon LLC. The funding will support the developme...
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