Business, Technology, Fuel, Autonomous

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.

Ed Ludlow | Bloomberg News
March 7, 2024
Business, Technology

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.

Ed Ludlow | Bloomberg News
January 2, 2024
Business, Technology

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.

Ed Ludlow | Bloomberg News
November 21, 2023
Business, Technology, Equipment

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.

Ed Ludlow | Bloomberg News
October 2, 2023
Business, Technology, Logistics

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.

Ed Ludlow | Bloomberg News
August 8, 2023
Business, Technology

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.

Ed Ludlow | Bloomberg News
July 5, 2023
Business, Technology

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.

Ed Ludlow | Bloomberg News
June 20, 2023
Business, Technology, Fuel

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.

Ed Ludlow | Bloomberg News
June 15, 2023
Business, Technology, Equipment

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.

Ed Ludlow | Bloomberg News
May 10, 2023
Business, Technology, Equipment

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.

Ed Ludlow | Bloomberg News
April 3, 2023