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Biden finalizing DoE loans for Plug Power, Rivian
Feds finalizing billions for Rivian, plug power before Trump retakes office
The funding includes the closing of a federal loan to Rivian for the construction of a Georgia manufacturing plant.
Federal loan for Rivian’s Georgia plant finalized
A federal loan expected to be worth $6 billion to electric vehicle maker Rivian to finance construction of the company's planned Georgia factory was finalized Thursday.
Biden finalizing DoE loans for Plug Power, Rivian before Trump returns - Bloomberg
Plug Power (NASDAQ:PLUG) +1.7% and Rivian Automotive (RIVN) +1.1% in early trading Thursday following a Bloomberg report that the Biden administration is poised to finalize billions of dollars in financing for the two companies before President-elect Trump returns to the White House.
Rivian, Plug Power Stocks Draw Retail Buzz On Report of $8B Loan Push By Biden Ahead of Trump's Office Return
Rivian Automotive and Plug Power shares jumped in premarket trading Thursday, up nearly 2% and over 5%, respectively, drawing significant retail investor interest. The spike came after a Bloomberg report late Wednesday revealed that both companies might secure billions in financing from the Biden administration before Donald Trump assumes office next week.
4h
Rivian Automotive price target raised to $14 from $12 at Truist
Truist raised the firm’s price target on Rivian Automotive (RIVN) to $14 from $12 and keeps a Hold rating on the shares. The firm expects 2025 ...
1d
on MSN
Rivian Automotive set to snap six days of losses, trades in green
Shares of Rivian Automotive (NASDAQ:RIVN) were on track to snap six straight sessions of losses, as the stock rose nearly 4% ...
24/7 Wall St
2d
Rivian (RIVN) Price Prediction and Forecast 2025-2030
IPO’ed in November 2021 and immediately made a splash with its stock price skyrocketing to $180 in just its first week of ...
5h
Rivian Automotive price target raised to $14 from $11 at UBS
UBS raised the firm’s price target on Rivian Automotive (RIVN) to $14 from $11 and keeps a Neutral rating on the shares. Industry challenges ...
11h
on MSN
Rivian’s Van Outsold The Ford E-Transit And Mercedes-Benz eSprinter Combined
Rivian’s largest customer for its electric van is most likely Amazon. The two companies had an exclusivity agreement where ...
Zacks.com on MSN
1d
Rivian Automotive (RIVN) Stock Declines While Market Improves: Some Information for Investors
Rivian Automotive (RIVN) reachead $13.34 at the closing of the latest trading day, reflecting a -1.11% change compared to its last close.
1d
Rivian Joins Ford, Tesla In Supporting Relief Efforts Amid California Wildfires
Rivian Automotive deployed vehicles to support relief activities in Los Angeles battling wildfires. Tesla and Ford also ...
Yahoo Finance
13d
Why Is Rivian Automotive Stock Surging Today?
EV company
Rivian Automotive
, Inc. (NASDAQ:RIVN) shares are trading higher on Friday. The company disclosed its production ...
Benzinga (Video) on MSN
2d
Rivian Outsells Ford In US Electric Van Market: 68% Growth In 2024 Outpaces Legacy Rival
California-based EV startup Rivian Automotive sold more electric vans last year in the U.S. than Dearborn-based legacy ...
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