At least a dozen employees at Rivian Automotive Inc. have accused the electric vehicle maker of safety violations at its Illinois plant, according to complaints filed with federal regulators.
Rivian Automotive Inc. shares rose in early trading after the automaker reported progress in ramping up production and reaffirmed its goal to build 25,000 electric vehicles this year.October 4, 2022
Mercedes-Benz AG and Rivian Automotive Inc. plan to jointly manufacture electric vans in Europe as both companies try to share the rising costs of churning out battery-powered vehicles.September 8, 2022
Rivian Automotive Inc. eliminated the least expensive trim of its R1T electric pickup truck, the company confirmed via email, effectively raising the price of its entry-level model.
Rivian Automotive Inc. posted quarterly sales above Wall Street’s expectations and reaffirmed its delivery forecast, but the electric vehicle maker trimmed its full-year earnings expectations as it continues to grapple with supply chain snags, high costs and economic volatility.August 11, 2022
Even a breakthrough U.S. climate bill designed to encourage sales of electric cars has failed to revive investor interest in Rivian Automotive Inc., as the risk-hungry traders who catapulted its shares to dizzying heights last year shun companies for whom profitability is still years away.
Rivian Automotive Inc. is cutting about 6% of its workforce and simplifying product plans, saying the economy has made it harder for the electric vehicle maker to raise money to build up production.July 27, 2022
Rivian Automotive Inc. is planning hundreds of layoffs to trim its workforce in areas where the electric vehicle maker has grown too quickly, according to people familiar with the matter.July 12, 2022
Apple Inc.’s Tim Cook was spotted in downtown Sun Valley July 7 taking a ride in a Rivian Automotive Inc. battery-electric pickup.July 8, 2022
Rivian Automotive Inc. is shuffling its executive ranks in an effort to help the Amazon.com Inc.-backed company overcome growing pains.