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 announced Tuesday that the U.S. Department of Energy will make a $6.6 billion loan to ...

Rivian made a splash when it went public and began producing large electric R1 SUVs, pickup trucks and delivery vans at a ...

Volkswagen and Rivian join forces in a $5.8 billion venture to accelerate electric vehicle innovation, combining expertise to ...

As noted above, Rivian's biggest issue has been its negative gross margin, which continued in the quarter. It reported a ...

The loan, which includes $6 billion of principal and around $600 million of capitalized interest, would come from the U.S.

The maker of electric vehicles and trucks has faced numerous challenges as the EV market has cooled, but its CEO is ...

Volkswagen Group (VW) and Tesla rival Rivian have launched a joint venture, with the German car giant increasing its ...

Investigators said London Best likely wouldn’t have been charged if he hadn’t allegedly left the scene of the accident ...

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 ...

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 ...