Rivian Tesla Supercharger Access is Coming in March

Tesla announced yesterday Ford was the first company to access Tesla Superchargers, with more to come. After the announcement by Ford, which is giving out free adapters for owners of its Mustang Mach-E and F-150 Lightning, Rivian explained its timeline for joining the Tesla Supercharger network. “Supercharger access is coming to Rivian – that’s 15,000 […]

Rivian Announces 10% Workforce Cut Amid Lower Production Forecast

Rivian disclosed a reduction of its workforce by 10% and projected an annual electric vehicle (EV) production number that fell significantly short of expectations. The lowered forecast is attributed to necessary factory upgrades and a deceleration in EV demand influenced by rising interest rates. Post-market trading saw Rivian shares decline by approximately 17% following the […]

Rivian Hires Key Apple Executive in Strategic Move

Rivian has made a significant recruitment coup by hiring DJ Novotney, a distinguished Apple veteran. Novotney, who played a pivotal role in developing Apple’s home devices and the initial efforts for an electric vehicle, will join Rivian as the Senior Vice President of Vehicle Programs. This move highlights another major departure from Apple, who recently […]

Rivian Looks to Debut Video Streaming, Gaming, WiFi Hotspot and More

Rivian is apparently set to roll out a range of new subscription-based services for its fleet, including the R1S and RCV models. This update was shared by Reddit user u/ddd1330 on Wednesday, who is involved in acquiring multiple vehicles from Rivian for their company. According to the information provided, these additional services will require a […]

Rivian Shares Dip on Declining Q4 Delivery Numbers

Rivian experienced a nearly 10% drop in its share value in early trading on Tuesday, following a report of increased vehicle production but a decline in deliveries for the fourth quarter. The electric vehicle (EV) manufacturer delivered 13,972 vehicles from October through December, marking a 10.2% decrease from the third quarter of 2023. However, these […]

Rivian Partners with AT&T for EV Pilot, Enhances Fleet Sustainability

AT&T and Rivian have entered into an agreement, marking a significant step in AT&T’s sustainability efforts. Under this partnership, AT&T will integrate Rivian electric vehicles (EVs) into its commercial fleet starting in early 2024. This pilot program is part of AT&T’s broader initiative to improve safety, reduce operational costs, and diminish its carbon footprint. The […]

Rivian Q3 Sees Net Loss of $1.36 Billion, But Production is Up

In the third quarter of 2023, Rivian reported significant advancements in its production capabilities and financial performance, marking its strongest quarterly production rate to date with over 65,000 units annually. The company’s financial results have positively reflected these improvements, with a notable increase in production guidance to 54,000 units for the year. The EV manufacturer […]

Amazon Has Deployed 10,000 Rivian Electric Vans in the US

Amazon has deployed more than 10,000 custom electric delivery vans across the United States as part of its commitment to achieve net-zero carbon emissions by 2040. The company co-founded The Climate Pledge in 2019 and subsequently partnered with Rivian to design and produce 100,000 electric delivery vehicles by 2030. Amazon began rolling out its electric […]

Rivian Shares Tumble After Surprise $1.5 Billion Convertible Notes Offering

Shares of Rivian dropped over 22% on Thursday following the company’s unexpected announcement to offer $1.5 billion in convertible notes. The news came despite Rivian’s third-quarter revenue estimates aligning with Wall Street expectations. In a regulatory filing on Wednesday, Rivian disclosed its third-quarter revenue is expected to be between $1.29 billion and $1.33 billion. These […]

Rivian Q3 2023 Sees 15,564 Vehicles Delivered

Rivian Automotive announced on Monday that it achieved record electric vehicle (EV) deliveries for the third quarter of 2023, surpassing Wall Street expectations. The company delivered 15,564 vehicles during the quarter, marking a 23% increase from the second quarter of 2023. Analysts surveyed by FactSet had projected around 14,000 deliveries for the period. All 16,304 […]

Rivian Reveals Range for Dual-Motor R1T Models

In an update on Thursday, electric vehicle manufacturer Rivian has revealed the EPA-estimated range for its Dual-Motor and Performance Dual-Motor R1T models. The company took to X to announce that these models offer the best range in their lineup, boasting up to 410 miles with the Max pack and 21-inch wheels. According to the tweet, […]

Tesla and Rivian Back Right-to-Repair Deal with Telematics

In a significant move supporting automotive repair rights, both Tesla and Rivian have endorsed an agreement that advocates for the inclusion of crucial telematics data. This commitment, backed by leading automakers and independent repair shops, signifies a substantial step towards transparency and consumer rights in the automotive industry. Both electric vehicle (EV) manufacturers expressed their […]

Rivian 2023.30.0 Update Release Notes for R1S, R1T

Rivian has launched the 2023.30.0 software update for its R1S and R1T models, offering users a slew of new features and enhancements designed to improve their driving experience. Here’s a comprehensive overview of what’s new in this software update made available on August 16, 2023: 1. One-Touch Garage Door Opener: For those constantly on the […]

Rivian’s Q2 Loss Narrows; Production Outlook Brightens for 2023

Electric automaker Rivian has reported a narrower-than-expected loss for its second quarter of 2023. In a positive turn, the company has revised its production expectations for 2023, now aiming to manufacture about 52,000 vehicles. This ambitious target is over twice the number of vehicles it produced in 2022 and an upgrade from its previous forecast […]

Tesla vs Rivian Trade Secrets Case is Heading to Trial

Almost a dozen former Tesla employees who left to join Rivian are headed to trial, following a ruling over claims that they breached Tesla’s confidentiality agreements. The employees were accused of stealing proprietary information before joining Rivian. In a tentative decision on Wednesday, a California Superior Court judge denied the employees’ request for summary adjudication, […]