US to Finalize Billions in Funding for Rivian, Plug Power
Moves Comes Just Days Ahead of Trump’s Inauguration
The touch screen display is demonstrated inside the Rivian R1T electric truck. (Jamie Kelter Davis/Bloomberg News)
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The Biden administration is poised to finalize billions of dollars in financing for electric vehicle maker Rivian Automotive and hydrogen manufacturer Plug Power before the Trump administration takes power next week, according to people familiar with the matter.
The funding, expected to be announced by the Energy Department as soon…
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