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 ...
Rivian and Volkswagen unveiled a joint venture last week, named Rivian and VW Group Technology, LLC, which officially launched on Wednesday. Volkswagen is investing $5.8 billion in Rivian to ...
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., ...
Rivian CEO RJ Scaringe said during an earnings call the company has been bracing for tariffs. The fate of the $7,500 EV tax credit issued under the Biden Administration remains unclear.
An icon in the shape of a lightning bolt. Impact Link EV company Rivian says it's already bracing for the impact that the increased tariffs proposed by President-elect Donald Trump would have on ...
SAN FRANCISCO (Reuters) -Rivian said on Monday it has received conditional approval for a loan of up to $6.6 billion from the U.S. Department of Energy to build the electric vehicle maker's ...
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 ...