Rivian faces significant challenges as EV subsidies end, making it difficult to compete with established players like Tesla and Ford. Despite a recent 18.76% stock increase since my last coverage ...
Irvine electric vehicle maker Rivian has received conditional approval for a federal loan of up to $6.6 billion that would help fund construction of a Georgia plant where it could manufacture ...
Rivian (RIVN) announced late Monday night that it won a “conditional commitment” from the Department of Energy (DOE) for a $6.6 billion loan, highlighting Rivian’s improving capital ...
Tesla is a complicated business run by a polarizing figure in Elon Musk, so it isn't a one-to-one comparison with Rivian. But, in many ways, Rivian is moving down a very similar path, business-wise.
Rivian Automotive Inc. won preliminary approval for a $6.6 billion federal loan that would support the construction of an electric-vehicle factory the company put off building earlier this year to ...
A nearly $6 billion federal loan will help electric-vehicle manufacturer Rivian restart construction of a $5 billion vehicle and battery plant near Covington, U.S. Sen. Jon Ossoff, D-Ga., ...
Mario Tama / Getty Images Rivian announced late Monday that the EV startup has received initial approval for a loan from the U.S. government to build a factory in Georgia. The company could ...
Rivian Automotive (NASDAQ:RIVN) just got a lifelineand it's a big one. The EV maker snagged conditional approval for a jaw-dropping $6.6 billion loan from the Department of Energy's Advanced ...
And now that VW’s venture with Rivian has officially kicked off earlier this month, all the pieces are coming together. “We decided on how to do the software-defined vehicle,” VW CEO Thomas ...
Down by 92% since its initial public offering (IPO) in November 2021, Rivian Automotive (NASDAQ: RIVN) highlights the risks of buying a stock too early. The electric vehicle (EV) maker failed to ...