Biden Secures $6.5B Rivian Loan
This is a Georgia news story, published by MSN, that relates primarily to Biden news.
Georgia news
For more Georgia news, you can click here:
more Georgia newsBiden news
For more Biden news, you can click here:
more Biden newsclimate change news
For more climate change news, you can click here:
more climate change newsMSN news
For more news from MSN, you can click here:
more news from MSNAbout the Otherweb
Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best science news, business news, entertainment news, and much more. If you like climate change news, you might also like this article about
electric vehicle manufacturer Rivian. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest large scale EV battery plants news, electric vehicles news, climate change news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
EV factory needAmazon Web Services, Inc.
•Biden administration closes on over $6.5 billion loan to EV-maker Rivian
63% Informative
The Biden administration closed on a more than $6.5 billion loan to electric vehicle manufacturer Rivian this week .
The loan will help fund an EV plant in Georgia , focusing on vehicles made for mass market as opposed to the company's luxury line.
Rivian has worked to secure the loan since 2022 and in March said it was pausing construction on the Georgia plan.
VR Score
68
Informative language
69
Neutral language
36
Article tone
formal
Language
English
Language complexity
44
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
Affiliate links
no affiliate links