Rivian Automotive says it has a new $1 billion loan deal with Volkswagen.

Oct 7, 2026, 4:21 PM ETNew sharesRead the original at SEC EDGAR

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Rivian gets cash for business needs, and the company itself does not guarantee the loan. Interest and repayments remain due, with a subsidiary’s joint-venture stake securing it, but the cash and limited company liability make this favorable.

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The cash gives Rivian more room to cover business needs. The company itself does not guarantee the loan or have liability under it. Interest and repayments remain due, and a subsidiary’s joint-venture stake secures the debt. The cash and limited company liability make this favorable for Rivian.

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