Things are not looking good for the American electric automaker after their stocks began to plummet after news emerged that Ford intends on selling 8 million shares. The future of Rivian was filled with promise, with Ford owning a ...
The R1T apparently kept cutting power on the dyno because it thought it was going to crash into a wall...
Has the shine gone off a stock market wunderkind or is something else going on?
The EV startup also announced $95 million in revenue, below Wall Street's forecast of $131 million.
Supply Chain Challenges Preorders and Prices Rivian generated $95 million in revenue for Q1 2022, reporting a negative gross profit of $502 million. The EV startup also revealed that it produced 2,553 vehicles in the first quarter and delivered ...
EV startup financing woes Production ramp struggles The Rivian R1S SUV. Source: Rivian Rivian has blamed the ongoing impact of the Covid-19 pandemic and shortages of key components for production halts that have crippled its planned output so far ...
Rivian Automotive (NASDAQ: RIVN) will report its earnings for the first quarter of 2022 later today. Here’s what to expect, according to Wall Street consensus estimates provided by Refinitiv. Wall Street analysts expect Rivian to report a loss of ...
A 1969 International Harvester Scout 800. — Photo from Barrett-Jackson HAMBURG/WASHINGTON: Volkswagen plans to re-introduce the Scout off-road brand in the United States offering new electric pick-up and sport-utility vehicles (SUVs), two people with knowledge of the matter said ...
Ford's hotly anticipated electric pickup is now in production. How does the battery-powered version of America's best seller stack up against rivals?
Ford F-150 Lightning vs. Rivian R1T, GMC Hummer EV, Cybertruck: Range Ford F-150 Lightning vs. Rivian R1T, GMC Hummer EV, Cybertruck: Performance Ford F-150 Lightning vs. Rivian R1T, GMC Hummer EV, Cybertruck: Towing and Payload Capacity Ford F-150 Lightning ...
Ford has said it's planning to invest US $11.5 billion to help introduce 40 electrified vehicles by 2022.
A recent sighting of the Rivian Amazon delivery van in Woodhaven, Michigan, revealed something quite surprising about the all-electric cargo carrier. While the van itself looks sleek and futuristic, it is also incredibly large — a bit daunting, even. ...
Ford Motor Co sold eight million shares of electric-car maker Rivian Automotive Inc for $214 million, or $26.80 apiece, the U.S. automaker said in a filing on Tuesday. Ford now holds nearly 94 million shares, or a 10.5% stake, ...
Ford sold eight million Rivian shares for $26.80 per piece, amounting to $214 million in total, according to a Form 4 SEC filing on May 10, 2022. Despite selling a chunk of its Rivian shares, Ford remains the EV ...
Rivian announced that they have received a US $500 million investment from Ford Motor Company.
Rivian is saying that users can cook for over a week with the electric camp stove and use only 20 kwh
Said to be the luxury maker’s first true EV
Rivian Automotive has chosen Georgia as the location for its next United States production plant. The company confirmed this in its Q3 2021 Earnings Call Shareholder Deck earlier today. “Building our recently announced second domestic manufacturing facility near Atlanta, ...
Rivian has made some huge splashes in the automotive market recently and this one related to their partner Amazon is by no means the smallest. Deliveries of the Rivian EV van will begin to Amazon this month and offer a new way for both companies to be more profitable.
The 2022 Rivian R1S is here to shake up the electric SUV scene The 2022 Rivian R1S is trail-ready Should you buy a Rivian R1S? Rivian had an amazing year thus far, and things are only looking up for ...
James Gilboy Rivian and Georgia Governor Brian Kemp confirmed plans to build a brand-new assembly facility to the tune of $5 billion. The announcement was made Thursday afternoon during a press conference held at the Georgia State Capitol. The ...
Rivian also has a contract to build 100,000 electric delivery vans for Amazon by 2025. Amazon-backed electric vehicle startup Rivian Automotive Inc on Thursday said it will build a $5 billion plant in Georgia, its second U.S. assembly plant, as ...
Construction will start in Summer 2022 with capacity for up to 400,000 next-generation EVs.
Rivian, the Amazon-backed electric vehicle startup, has announced plans to open it’s second US assembly plant in Georgia, scheduled to open in 2024. The new plant will cost the company $5 billion and is expected to (eventually) build 400,000 ...
The 2022 Rivian R1S is an electric off-road SUV The Subaru Solterra stays true to its heritage The 2022 Rivian R1S is the most capable electric off-road SUV The Rivian R1S is the first electric adventure SUV available to ...
Electric vehicle startup Rivian continues to go from strength to strength. After managing to raise $13.7 billion from an initial public offering in November, the company is now preparing to build its second vehicle plant. Rivian in a shareholder ...
Pre-Orders for Rivian R1T and R1S Exploding Amazon Prime Delivery Vans Being Made Rivian will spend $5 billion to build a second assembly plant in Georgia to make electric vehicles to meet growing demand and plans for an expanded ...
Rivian has decided to build its planned second US plant to the east of Atlanta, in the state of Georgia. Once completed, the plant should be able to produce up to 400,000 electric vehicles per year. Construction is scheduled ...
Acura has promised to launch Type S performance variants of every vehicle in its lineup. That means even family-oriented crossovers like the MDX get the Type S treatment. If you want one, you’ll need to pay close to $70,000, ...
Can the EV startup ramp up production quickly enough to satisfy demand? Not every promising EV startup manages to get to the point where vehicles start rolling off the production line, but Rivian has done it. The first Rivian R1T ...
Runners up Notable electric vehicles in 2021 Rivian’s R1T is a game changer Electrified off-road might be a bigger game changer than on-road? Rivian’s interior might be the best part Where it started Downsides of the Rivian R1T This ...
Rivian has released its first earnings report since going public and revealed a lot of interesting new information in the process, including that it started deliveries of the R1S electric SUV. In November, Rivian went public with an IPO ...
Another week, another selection of exciting EV news to share with family and friends.
Rivian said that it may fall short of the production targets it set for itself in 2021 as a result of supply chain constraints. Following that, its shares have dipped to their lowest point since it started trading as a ...
A new factory is coming here in America. Electric truck maker Rivian will reportedly announced its plans today to build a $5 billion battery plant east of Atlanta, the Associated Press reports. The plant could eventually employ 7,500 workers, according ...
There's a lesson to be learned here. Rivian’s IPO last month was all over the news for a good reason. Valued at over $77 billion, it was suddenly thrust into the stratosphere alongside the likes of GM ($85 billion) and ...
Georgia Governor Brian Kemp, senior development officials from the state and representatives from Rivian are expected to announce today at 4 PM the automaker’s plans to build a major manufacturing site in the state, the Atlanta Journal-Constitution reports. The plan ...
Approaching the end of the day, we felt that the information Associated Press obtained about Rivian’s Project Tera might not be confirmed. However, governor Brian P. Kemp did not let that happen. Georgia officially confirmed it would be Rivian’s new house with a plant that will get $5 billion in investments.
By Akash Sriram and Nivedita Balu (Reuters) -Rivian Automotive Inc shares sunk nearly 13% on Friday to hit a record low after the electric pick-up truck maker's first result as a listed company highlighted the challenges it was likely ...
Those are the two vehicles with the highest scores among pickups right now.