Rivian Puts Georgia Factory Plans on Pause
Rivian Automotive is pausing plans to build a new multibillion-dollar factory in Georgia, an abrupt reversal aimed at cutting costs while the company prepares to launch a cheaper electric vehicle.
Rivian’s Quarterly EV Deliveries Fall Short of Estimates
Rivian Automotive Inc. missed expectations for quarterly electric vehicle deliveries, weighing on the manufacturer’s shares even as production ramped up during the past year.
Rivian CEO Adds Product Oversight to Responsibilities
Rivian Automotive CEO RJ Scaringe will take on an expanded role overseeing all product-related functions as the automaker prepares for the next generation of its electric vehicle lineup.
Rivian’s Forecast Falls Short
Rivian Automotive disappointed investors by maintaining its full-year guidance even as production and deliveries in the third quarter exceeded Wall Street expectations.
Rivian Will Build 52,000 EVs This Year, More Than Planned
Rivian Automotive Inc. expects heavy losses to continue as it boosts production plans for the year and works to reestablish itself as a rising player in the increasingly crowded EV market.
Rivian Ships First Amazon Electric Delivery Vans to Europe
Rivian Automotive Inc. started delivering the electric vans it makes for Amazon to Europe in the EV maker’s first commercial shipments outside the U.S.
Rivian Adopts Tesla’s EV Charging Standard
Rivian Automotive Inc. will incorporate Tesla Inc.’s electric vehicle charging ports into future automobiles and gain access to its supercharger network.
Nikola Needs New Leadership, Says Trevor Milton
Nikola Corp. founder Trevor Milton called for leadership change at the electric truck maker and urged shareholders to vote against upcoming company-backed proposals.
Rivian Reports Better-Than-Expected Loss, Affirms EV Plans
Rivian Automotive Inc. reported a narrower-than-expected loss to start the year and reaffirmed its annual production plans as efforts to cut costs buoyed the electric vehicle maker.
Rivian Beats Analysts’ Q1 EV Production Estimates
Rivian Automotive Inc. built 9,395 battery-electric vehicles in the first three months of the year as the company aims to ramp up production.