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Rivian gets conditional approval for $6.6 bln govt loan to build Georgia factory

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Rivian gets $6.6 billion conditional loan approval to build Georgia EV plant

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Rivian jumps after Tesla reaches 'conditional settlement" in its 2020 lawsuit

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US utilities want Trump, Republicans to save IRA tax credits, Edison CEO says

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Hyundai unveils big electric SUV in fast-growing market

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US utilities want Trump, Republicans to save inflation act, Edison CEO says

The U.S. utility industry urges the Trump administration to retain clean energy and EV tax credits from the Inflation Reduction Act for supporting business and consumer interests.

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EV companies, battery makers urge Trump not to kill vehicle tax credits

A coalition of electric vehicle manufacturers urges President-elect Trump to keep tax credits, emphasizing their role in job creation in key states following the election.

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• USD/CNY

Morning Bid: Fed draws veil over post-election easing

The article discusses the Federal Reserve's cautious approach to interest rate cuts amid inflation, global economic concerns, and mixed performance in U.S. and foreign markets.

• RIVN

Rivian's JV with Volkswagen a 'big step in the right direction,' Wedbush says

Rivian announces a $5.8 billion joint venture with Volkswagen to develop EV platforms, aiming for R2 production by 2026, enhancing production and financial stability amid supply chain challenges.

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Rivian shares surge on $5.8 billion Volkswagen investment in JV

Rivian shares rise over 15% after Volkswagen's $5.8 billion investment amid challenges including competition and production shortages. The joint venture aims to enhance Rivian's market position.