A man recently took to TikTok to share a bizarre Facebook Marketplace listing—a stolen Amazon Rivian truck. In the video, ...
Rivian Automotive sold about 50,100 vehicles last year, boasting that its R1S is the bestselling SUV in California in the ...
Consider the Biden Energy Department’s stunning $6 billion loan to struggling Rivian Automotive to make electric vehicles. We ...
The loan is a critical step for the EV maker, which had halted work on its plant after struggling to become profitable.
Irvine electric-vehicle maker Rivian has conditional approval for a $6.6-billion loan to fund the construction of a new plant ...
President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia ...
Scaringe, the son of an engineer and who was obsessed with cars as a kid, knew early he wanted to start his own business. The ...
As noted above, Rivian's biggest issue has been its negative gross margin, which continued in the quarter. It reported a ...
Rivian reduced its losses in the third quarter but also reported a sharp decline in revenue amid a supply chain disruption and softer demand for the electric SUVs, pickup trucks and delivery vans ...
The loan, which includes $6 billion of principal and around $600 million of capitalized interest, would come from the U.S.
Rivian delivered 10,018 vehicles in the third quarter, 27% fewer than the 13,790 handed over in Q2 2024. After a supply shortage began in Q3, impacting the R1T, R1S, and electric delivery vans ...
SUVs and delivery vans for Amazon.com Inc., its largest shareholder. \Scaringe, 41, paused plans for a new plant in Georgia earlier this year when he unveiled prototypes of vehicles Rivian had in ...