Months after Rivian halted construction of its east Georgia factory, a lifeline from the federal government could help it restart the highly anticipated project. Why it matters: Rivian's planned 2,000-acre compound roughly 50 miles east of Atlanta,

Rivian said on Monday it has received conditional approval for a loan of up to $6.6 billion from the U.S. Department of Energy to build the electric vehicle maker's production facility in Georgia.The announcement comes ahead of the inauguration of President-elect Donald Trump,

A loan from the U.S. Department of Energy could jumpstart Rivian’s stalled plans for an EV facility in Georgia, setting the stage for mass-market electric SUVs.