The joint venture targets Rivian’s existing electrical architecture and software technology stack, enabling the launch of ...
Due to the shortage of a part used in the drive unit, Rivian last month slashed its full-year production forecast to between ...
Recent headlines surrounding Rivian focus on its cash burn rate, with concerns that it’ll need to raise more capital to stay afloat. On the bright side, Rivian is slowly ramping up production ...
On the optimistic side, Rivian’s reaffirmation of its fourth-quarter target for positive gross profit is a positive signal, ...
And then there’s Rivian’s side of the story. Rivian says that Bosch failed to supply enough motors, and that many of those that it did deliver were of poor quality, leading to manufacturing ...
Rivian said on Thursday it was on track to turn a gross profit in the fourth quarter helped by cost cuts and a sharp increase in sales of green car credits, despite a parts shortage disrupting ...
Rivian Automotive (NASDAQ: RIVN) has lost almost all its value in a short period, with shares down by an eye-watering 92% since hitting public markets in late 2021. However, the company still ...
(Eileen T. Meslar/Chicago Tribune) In addition to the Gold Coast showroom, Rivian has a Chicago service center at 2033 W.
Rivian reduced its losses in the third quarter but also reported a sharp decline in revenue amid a supply chain disruption ...
Despite weak EV demand, the truck maker said it's on track to make a gross profit in the last three months of the year.