EV truck maker Rivian is laying off hundreds amid a slowdown in demand
The electric truck and SUV company Rivian will lay off hundreds of employees in an attempt to save cash as ...
Tag: Rivian
Rivian lays off hundreds of employees ahead of the end of EV tax credits
Rivian has laid off about 200 employees as the electric vehicle maker prepares for a U.S. economy with fewer incentives ...
Rivian cuts EV delivery outlook, sees tariff impact
Rivian Automotive said full-year deliveries will decline more sharply than it anticipated just a month ago, citing risks that US ...
Rivian spins out startup focused on small, lightweight electric vehicles
Rivian, known for its large electric trucks, is setting its sights on small and lightweight vehicles. The Irvine-based automaker said ...
Rivian records first gross profit as EV policy risks loom
RIVIAN Automotive recorded its first-ever quarterly gross profit to close out 2024, achieving a long-held goal even as it warned ...
Rivian wins approval for US$6.6 billion loan for Georgia plant
RIVIAN Automotive won preliminary approval for a US$6.6 billion federal loan that will help support the construction of its delayed ...
Tesla, Rivian drop on report Trump wants to end EV credit
US automaker stocks fell after Reuters reported President-elect Donald Trump plans to eliminate a key consumer tax credit aimed at ...
Rivian reassures investors with cost cuts, green credit sales amid weak EV demand
RIVIAN said on Thursday (Nov 7) it was on track to turn a gross profit in the fourth quarter helped ...
Rivian says lower-cost second generation EVs to help in push for profitability
MATERIAL cost of Rivian’s second-generation R1 electric SUVs and pickups will be 20 per cent lower than the current version, ...
Volkswagen invests US$5 billion in EV startup Rivian to form joint venture
VOLKSWAGEN (VW) will invest US$5 billion to form a joint venture with electric vehicle (EV) maker Rivian Automotive, throwing a ...
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