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Rivian gains conditional $6.6B loan commitment for Georgia factory

Teslarati

billion for its previously delayed Georgia manufacturing facility, set to help the company fund production of its upcoming R2 SUV and R3 and R3X crossovers. loan commitment for Georgia factory appeared first on TESLARATI. Rivian has announced the conditional approval of a loan of up to $6.6 A robust ecosystem of U.S.

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Archer Aviation selects site in Georgia for eVTOL manufacturing facility

Green Car Congress

Archer intends to invest $118M over the next 10 years and will receive an incentive package totaling 33% of its capital investment commitment, which includes land conveyance, tax incentives and Georgia REBA grant. Archer will receive an incentive package, which includes land conveyance, tax incentives and Georgia REBA grant.

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Phillips 66 receives $3M grant to advance reversible solid oxide fuel cell technology

Green Car Congress

Phillips 66 has received a $3-million grant from the U.S. Phillips 66 will collaborate with the Georgia Institute of Technology (Georgia Tech) to demonstrate the commercial feasibility of a low-cost and highly efficient RSOFC system for hydrogen and electricity generation. Earlier post.)

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Anovion Technologies to build $800M synthetic graphite anode materials plant in Georgia

Green Car Congress

US-based advanced materials company Anovion Technologies has selected Decatur County in Southwest Georgia as the location of the company’s first large-scale expansion of manufacturing capacity for production of its premium synthetic graphite anode materials. Anovion plans an initial $800-million investment in the plant. Earlier post.)

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Rivian chooses company for Georgia plant construction

Teslarati

Rivian has selected a construction firm to build its new production facility located outside of Atlanta, Georgia. Although Rivian began talks with Georgia about the project in 2021 and construction was originally slated for 2022, plans were delayed over certain zoning issues and the approval of $1.5 Clayco Inc.

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Rivian Foundation awards first $10 million in grants

Teslarati

Rivian has announced initial award recipients for grants from its philanthropic arm, coming a few years after the electric vehicle (EV) maker first detailed plans for the project. Rivian has named the first 41 grant winners, mostly based in the U.S.,

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UC Davis secures $20M federal grant renewal to lead the National Center for Sustainable Transportation

Green Car Congress

The funding was granted as part of the Department of Transportation’s University Transportation Center (UTC) program, which is awarding up to $435 million in grant awards for 34 UTCs. The new grant also enables the NCST to expand its consortium. Earlier post.)

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