The Trump team has been critical of the Biden Administration’s deal, specifically former presidential candidate Vivek Ramaswamy, who said the loan “smells more like a political shot across the bow” at Elon Musk and Tesla, which is one of Rivian’s main competitors in the EV market.

The U.S. Department of Energy gave final approval Thursday to electric vehicle maker Rivian for a $6.6 billion loan to support its stalled Georgia factory, a huge infusion of cash intended to ensure the plant gets built.