Biden extends $6 billion lifeline to struggling EV startup Rivian amid growing unsold inventory on dealer lots
Just two months before President-elect Trump takes office, the Biden administration is rushing to allocate billions in taxpayer funds to support Rivian Automotive, a struggling electric vehicle startup grappling with unsold inventory and faltering demand. This decision follows a recent
The post Biden extends $6 billion lifeline to struggling EV startup Rivian amid growing unsold inventory on dealer lots first appeared on Tech Startups.
Just two months before President-elect Trump takes office, the Biden administration is rushing to allocate billions in taxpayer funds to support Rivian Automotive, a struggling electric vehicle startup grappling with unsold inventory and faltering demand. This decision follows a recent […]
The post Biden extends $6 billion lifeline to struggling EV startup Rivian amid growing unsold inventory on dealer lots first appeared on Tech Startups.