rivian

Biden Administration To Loan Rivian $6.6 Billion For EV Factory

Consequence for Elon Musk? Biden administration provisionally agrees $6.6 billion loan to Rivian, so it can construct EV factory in…

4 weeks ago

VW, Rivian Launch Joint Venture, As Investment Rises To $5.8 Billion

Volkswagen and Rivian officially launch their joint venture, as German car giant ups investment to $5.8 billion, depending on certain…

1 month ago

Troubled EV Maker Rivian Lays Out Path To Profitability

At first-ever investor day EV maker Rivian lays out profitability plans after $5bn deal with VW offers it financial lifeline

6 months ago

Rivian To Gain Up To $5 Billion Investment From Volkswagen

Crucial intervention? Volkswagen to form joint venture with Rivian to share electric vehicle software and architecture

6 months ago

Apple Engineering Veteran Departs For EV Maker Rivian

Apple engineering veteran DJ Novotney leaves Apple for Rivian amidst string of senior executive departures

11 months ago

Amazon Posts Annual Loss Amid Restructuring

Worse than anticipated earnings for Amazon on Thursday, amid difficulties after pandemic boom and 18,000 job losses

2 years ago

Rivian To Axe 6 Percent Of Jobs Amid EV Price War

Another tranche of job losses for Rivian Automotive, after it says it is laying off 6 percent of its workforce

2 years ago

Rivian Recalls Nearly All Vehicles Over Safety Issue

Electric start-up Rivian recalls 13,000 vehicles over fastener that could come loose, as it struggles with parts shortages and production…

2 years ago

Vietnam’s VinFast Ramps Staff Ahead Of US Electric Vehicle Launch

Vietnam's VinFast, part of conglomerate Vingroup, to more than double Vietnam headcount as it prepares to ship first electric SUVs…

2 years ago

Amazon Posts Second Straight Loss After Rivian Stake Writedown

Another tech bellweather financial results show Amazon posting a second quarterly loss in a row, after a hefty reassessment of…

2 years ago

Rivian Confirms It Will Cut 6 Percent Of Staff

Axe is to fall on 600 jobs at the electric truck maker Rivian, as it restructures to “optimise costs” in…

2 years ago

Amazon Begins Deliveries With Rivian Electric Vans

Customers in US will start to see Amazon deliver thier packages using its custom electric delivery vehicles from startup Rivian

2 years ago

Rivian To Brief Staff About Restructuring, Potential Layoffs

More bad news for jobs? Staff at Rivian are to be briefed this week about restructuring and potential layoffs at…

2 years ago

E-Recycler Attero Plans $1bn Expansion Into Electric Vehicles

India's biggest electronics recycling company Attero Recycling to spend $1bn as it looks to massively ramp up recycling spent electric…

3 years ago

Rivian Eyes Profitability Amidst Market Pressure

Rivian says it has enough cash on hand to achieve profitability, as it faces pressure from shareholders and customers over…

3 years ago

Rivian Sued By Shareholder, Alleging Misleading IPO Data

Shareholder alleges Rivian misled investors about pricing of SUV models - prices for which were increased, then quickly rolled back…

3 years ago

Amazon Partners With Stellantis For Vans, Rivian Stock Plunges

Bad news for Rivian? Amazon and car giant Stellantis sign partnership deal that will see Amazon utilise Stellantis electric vans

3 years ago

Rivian Delays Long Range SUVs, Pickups To 2023

Rivian has reportedly warned customers it will delay deliveries of its electric pickup and SUV models featuring big battery packs

3 years ago

Rivian Shares Hit Record Low On 2021 Production Cuts

Rivian shares slump to record low following November IPO after it cuts production target for 2021 and highlights supply-chain challenges

3 years ago

Ford And Rivian Cancel Joint EV Development

Ford and Rivian call off plans for joint development of Ford-branded electric vehicle, as battery life of Rivian's Amazon delivery…

3 years ago

Amazon-Backed Rivian Enjoys Successful Nasdaq IPO

Amazon-backed electric car start-up Rivian enjoys biggest public listing in the United States since Facebook back in 2012

3 years ago

Amazon-Backed Electric Car Maker Rivian Files For IPO

Amazon-backed electric car start-up Rivian files for IPO, weeks ahead of delayed plans to deliver first pick-up trucks to customers

3 years ago

Amazon-Backed Rivian Raises Another $2.5bn From Investors

Electric vehicle start-up raises another $2.5bn from existing investors such as Amazon, as it looks to deliver first vehicles this…

3 years ago

Amazon-Backed Rivian Delays First Electric Vehicles

Start-up Rivian, backed by Amazon and Ford, delays first deliveries of R1T pickup truck and R1S SUV as pandemic disruption…

3 years ago