Rivian (RIVN) wins preliminary approval for a $6.6 billion federal loan from the Department of Energy (DOE) that would go into finishing the build-out of an EV factory in Georgia.

Yahoo Finance senior autos reporter Pras Subramanian joins Julie Hyman and Josh Lipton to break down the EV truck maker's timeline for completing this manufacturing facility and its projections for vehicle production once operational.

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This post was written by Luke Carberry Mogan.