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Rivian Gets $6B Loan Approved for Georgia Plant

Summary by WAGA
Plans for what is projected to be Georgia's largest manufacturing plant are back on track. Federal officials announced that Rivian will resume construction of its EV manufacturing plant near Social Circle after securing a $6 billion loan from the federal government.

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Volkswagen managers hope to be able to resolve the software problems in their own vehicles with the partnership with Rivian - and increase again. Further payments to Rivian are planned.

Strategic investment will give German company access to advanced architecture for electric vehicles

Rivian's technology is designed to help Volkswagen solve its software problems. Wolfsburger now has its share of the partner. (VW, electric car)

Rivian's technology is designed to help VW solve its problems with its own IT systems in the vehicles. For this, Wolfsburger is now strengthening its commitment to an important partner.

·Leipzig, Germany
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n-tv.de broke the news in on Sunday, June 29, 2025.
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