Rivian has announced plans to expand electric vehicle production at its Normal plant as part of a $1.5 billion investment.
Apple is rumored to be considering a partnership with an EV startup. Details are limited, but a report suggests Rivian is a likely candidate. Little is known about the rumored partnership and things ...
Rivian executives also reaffirmed the company’s production guidance for the year, announced pared capital expenditures and reiterated that they expect to reach positive gross profit in the fourth ...
One’s burning cash, one’s moving out, and another’s laying off. Four high-profile EV makers are having a rough quarter.
The EV startup's report shows how it is navigating challenges while boosting production, reversing a stock slide and overcoming slow consumer demand.
Rivian Automotive fell short of Wall Street’s earnings expectations to start the year as the automaker works to revamp its manufacturing operations and boost output of electric vehicles.
Electric vehicle maker Rivian said Tuesday it is making progress in its efforts to rein in costs and shore up its manufacturing capabilities — both critical components to determining when the company ...
Rivian had an eventful first quarter that included a splashy reveal of its future R2 and R3 EV lineup as well as more belt tightening and layoffs. In February, Rivian laid off 10% of its workforce as ...
U.S. automaker Tesla sold 62,167 China-made electric vehicles in April, down 18% from a year earlier, the China Passenger Car Association (CPCA) data showed on Tuesday.
On April 17, the company said that it would lay off 1% of its workforce, taking another step on a long road to chipping away ...
While Rivian announced an $827 million incentive package from the state of Illinois last week, analysts still expect it to ...