The loan is a critical step for the EV maker, which had halted work on its plant after struggling to become profitable.
President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia ...
The maker of electric vehicles and trucks has faced numerous challenges as the EV market has cooled, but its CEO is ...
Irvine electric-vehicle maker Rivian has conditional approval for a $6.6-billion loan to fund the construction of a new plant ...
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 ...
This summer, General Motors moved its electric van company BrightDrop into Chevy to boost sales and better compete with Ford, Rivian ... announced that its in-home delivery program is expanding ...
What Happened: The EV maker on Thursday also reaffirmed its 2024 delivery outlook of 50,5000 to 52,000 vehicles for the full year, helping relieve investor worries. Rivian cut its annual ...
Volkswagen and Rivian join forces in a $5.8 billion venture to accelerate electric vehicle innovation, combining expertise to ...
Rivian Automotive Inc. expects to achieve a ... of the R1 battery-electric SUV and pickup models as well as its delivery van for Amazon.com Inc. Rivian’s shares rose 1.8% in after-hours trading ...