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Rivian Secures Conditional $6.6 Billion Loan Commitment to Expand EV Manufacturing in Georgia

TL;DR: Rivian secured a $6.6B DOE loan to build a Georgia plant for R2 and R3 production, creating thousands of jobs. Production starts in 2028. Rivian has announced a conditional commitment for a $6.6 billion loan from the U.S. Department of Energy’s (DOE) Advanced Technology Vehicle Manufacturing (ATVM) Loan Program. This…

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California Prepares State EV Tax Credit as Trump Targets Federal Subsidy

California Governor Gavin Newsom has announced plans to reinstate a state electric vehicle (EV) tax credit if President-elect Donald Trump eliminates the federal $7,500 EV tax credit after taking office. Newsom, a Democrat and vocal critic of Republican policies, aims to revive a program California phased out in 2023 to…

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Tesla and Rivian Reach Conditional Settlement in Trade Secrets Lawsuit

Tesla has announced a conditional settlement in its 2020 lawsuit against Rivian, which accused the company of poaching employees and stealing trade secrets. While details of the settlement remain undisclosed, Tesla told a California court it anticipates seeking dismissal of the case by December 24, pending fulfillment of the agreement’s…

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Rivian’s Chief Software Officer Answers Key Questions in Quinn Nelson’s Q&A

Quinn Nelson from Snazzy Labs recently hosted a Q&A with Wassym Bensiad, Chief Software Officer at Rivian, at the Venice Rivian Space. Earlier this week, RivianTrackr shared a summary of what was discussed but for those who are more visual or rather listen, check out the video Quinn shared below.

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