The world’s second-largest automaker and the Silicon Valley startup are trying to address each other’s core weakness.
Rivian raised nearly $3 billion in 2023 alone, including a $1.5 billion bond issuance last October. Yet even as it raised money along the way, Rivian's cash position has decreased dramatically in ...
EV company Rivian Automotive reported a gross loss per unit delivered in the third quarter of $39,130, following a drop in ...
The Enduro motor, which first debuted in vehicles in 2023, is emblematic of Rivian’s push to become more vertically integrated and less reliant on suppliers. In this case, the effort to bring ...
The goal was previously 57,000 vehicles, which would have roughly matched the start-up’s manufacturing figures from 2023. Rivian said it is experiencing a shortage of a shared motor component ...
Rivian Automotive missed Wall Street’s third-quarter expectations, including a massive difference in revenue of $116 million.
Inside the cabin, Rivian makes two new colorways available for Ascend models. Digital updates are significant, and the R1T’s displays utilize updated infotainment user interface software with ...
Rivian Automotive (NASDAQ: RIVN) has lost almost all its value in a short period, with shares down by an eye-watering 92% since hitting public markets in late 2021. However, the company still ...
Leppink previously ran the Chicago Rivian store, which opened in the Gold Coast in September 2023. Staking turf at Old ...
Rivian (RIVN) reported third quarter revenue that missed the mark and a wider-than-expected earnings loss as the pure-play adventure electric vehicle maker was burdened by a supplier parts issue.