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Megadeals
Subsidy Tracker Parent Company Summary
Parent Company Name: Rivian Automotive Inc.
Ownership Structure: publicly traded (ticker symbol RIVN)
Headquartered in: California
Major Industry: motor vehicles
Specific Industry: electric vehicles
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $2,366,022,712 | 8 |
Federal (grants and allocated tax credits) | $0 | 0 |
TOTAL | $2,366,022,712 | 8 |
Loan / Bailout Summary | Total Face Value | Number of Awards |
State/Local loans, bond financing and venture capital | $0 | 0 |
Federal loans, loan guarantees and bailout assistance (not including repayments) | $0 | 0 |
TOTAL | $0 | 0 |
Time Period for Federal Awards: FY2000 to the present
Notes: Dollar totals do not include awards for which no subsidy value is disclosed.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page
here.
Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
Georgia | $1,476,899,999 | 1 |
Illinois | $883,202,713 | 4 |
Kentucky | $4,200,000 | 2 |
Michigan | $1,720,000 | 1 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
Company | Location | Subsidy Source | Year | Subsidy Value | Loan/Bailout Value | Type of Subsidy |
Rivian Automotive, Inc. | Michigan | state | 2016 | $1,720,000 | | tax credit/rebate |
Rivian, LLC | Kentucky | state | 2023 | $4,100,000 | | tax credit/rebate |
Rivian, LLC | Kentucky | state | 2023 | $100,000 | | tax credit/rebate |
Rivian Automotive | Illinois | multiple | 2016 | $53,234,013 | | MEGADEAL (Archived) |
Rivian | Georgia | multiple | 2022 | $1,476,899,999 | | MEGADEAL |
Rivian | Illinois | state | 2024 | $827,000,000 | | MEGADEAL |
Rivian Automotive LLC and Rivian, LLC | Illinois | state | 2024 | $633,846,750 | | grant |
Rivian Automotive, LLC | Illinois | state | 2023 | $1,968,700 | | grant |