Claire McDonough said that Rivian's Georgia facility, where it will manufacture its R2 and R3 vehicles, is slated to come ...
The massive federal loan, approved in the final days of Biden’s presidency, could be rescinded as Trump looks to slash ...
The EV industry saw major developments over the weekend, with Tesla's Model Y surging in China, its Model S/X retreating from ...
Rivian (RIVN) is betting big on its upcoming midsize R2 electric SUV. Starting at about $45,000, the R2 is about half the cost of its current R1S and R1T models. CFO Claire McDonough confirmed the ...
Rivian CEO RJ Scaringe has shown the company's next-generation drive unit, "Maximus," which will power the upcoming R2 ...
“The president’s suspension of federal grants for Georgia threatens chaos.” Rivian R1T (left) and R1S (right) electric vehicles (Source: Rivian) Although Kemp said he remains committed to ...
Ford also sold most of its shares of Rivian and axed its plans to co-develop an electric pickup, while rising interest rates ...
Rivian is making good progress, and reaching gross margin and operating cash flow positivity were big milestones. The next ...
“So I don’t really know where that stands right now.” The funds would go toward building Rivian's Georgia factory, where the company plans to scale production on its upcoming R2 and R3 ...
The company posted its first quarterly gross profit in the fourth quarter of 2024 and managed to exceed its recently lowered ...