Rivian has received a conditional commitment for a $6.6 billion loan from the U.S. Department of Energy to help fund a factory in Georgia, aiming to produce 400,000 electric vehicles annually. This project, which had been paused due to financial difficulties, is crucial for Rivian's plans to manufacture more affordable models. The factory is expected to create 7,500 jobs by 2030. However, the finalization of the loan remains uncertain amidst political changes and potential shifts in federal EV policies under President-elect Trump.