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Rivian, IPO
EV maker Rivian falls short of revenue projections for third quarter
The Irvine-based maker of electric pickup trucks and sports utility vehicles reported lower-than-expected revenues in the third quarter.
Rivian's quarterly revenue slumps for first time since IPO
Rivian posted its first drop in quarterly revenue on Thursday since the electric vehicle maker went public three years ago, partially hurt by the shortage of a component.
Rivian reports first drop in quarterly revenue since IPO, shows loss of $1.1 billion
Rivian posted its first drop in quarterly revenue on Thursday since the electric vehicle maker went public three years ago, partially hurt by the shortage of a component. "We weren't able to build all the products and the mix of products that we planned,
LG, Rivian and R2
The Rivian R2’s next-gen batteries will be made in the US by LG Energy
Rivian’s R2 vehicles will be powered by batteries made domestically in the US by South Korea’s LG Energy Solution, the company announced in its third quarter earnings report.
Rivian R2 will get Arizona-made batteries from LG
Cylindrical battery cells from Arizona will be powering the Illinois-made Rivian R2 electric SUV when it arrives in 2026.
U.S. EV Maker Rivian to Use LG Cylindrical Batteries
U.S. electric-vehicle startup Rivian Automotive plans to use LG Energy Solution's advanced cylindrical batteries to power its cars in the North American market. The South Korean battery maker said Friday that its plant in Arizona will supply 67 gigawatt-hours of the 4695 cylindrical cells to Rivian for its R2 sport-utility vehicles,
12h
on MSN
Rivian’s losses widen, but investors like hearing of ‘progress’ in next-gen EV
A lower production outlook for the year has hit profits due to Rivian’s “limited ability to leverage the fixed costs” at its ...
9h
on MSN
Rivian is bracing for tariffs and making changes to its R2 sedan supply chain, CEO says
An icon in the shape of a lightning bolt. Impact Link
EV
company
Rivian
says it's already bracing for the impact that the ...
11h
on MSN
Rivian reassures investors with cost cuts, green credit sales amid weak EV demand
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 ...
2h
Rivian Says It Is On Track For 2024 Delivery Targets Despite Production Challenges
Rivian Automotive shares are up 1.5% in pre-market trading after the company said on Thursday after market close that it is ...
24/7 Wall St
2h
Rivian Shares Fall as Tesla's Surge
Tesla stock saw a post-election surge, but shares of smaller rival Rivian retreated. Investors seem to think Rivian will be ...
The Pantagraph
2h
Rivian sees revenue decline amid soft demand and part shortage
Rivian reduced its losses in the third quarter but also reported a sharp decline in revenue amid a supply chain disruption ...
15h
Rivian opens second Chicago-area showroom at north suburban Old Orchard shopping center
Rivian
is formally opening its second Chicago-area showroom Friday at the open-air north suburban retail center, offering ...
Benzinga.com
1d
Rivian Vs. Lucid: Which EV Stock Has The Edge Ahead Of Q3 Earnings?
Rivian
stock continues its bearish slide, with key indicators pointing to further downside. Lucid struggles with oversold signals; the $1.75B raise shows they’re trying to stay afloat. As they ...
3d
on MSN
Rivian's head of software says the company is not trying to be like Tesla on automation
Rivian Chief Software Officer Wassym Bensaid told Business Insider that the company isn't chasing full self-driving but ...
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