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Event Brief

Rivian downsizes DOE loan to $4.5B, boosts Georgia plant

Rivian reworked its Department of Energy loan to $4.5 billion and increased capacity for its Georgia factory.
WHO: Rivian
WHAT: Reworked DOE loan to $4.5 billion and boosted Georgia factory capacity
WHEN: Apr 30, 2026 at 4:02 PM ET
WHERE: Georgia
WHY: No specific cause was reported.

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