Rivian CEO RJ Scaringe isn’t mincing words about dealer franchise laws in the United States. In a recent roundtable discussion, Scaringe said these laws are "as close as you can get to corruption.
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 has been conditionally approved for a $6.6 billion loan from the U.S. Department of Energy's Advanced Technology Vehicle Manufacturing Program. The loan will allow Rivian to complete ...
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 ...
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 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 ...
Electric vehicle maker Rivian Automotive (NASDAQ: RIVN) IPO’ed in November 2021 and immediately made a splash with its stock price skyrocketing to $180 in just its first week of trading.
The Energy Department’s Loan Program Office announced Tuesday that Rivian will receive a direct loan of up to $6.57 billion to finance the development and construction of Project Horizon ...
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.